Alliance Medical Ltd., the U.K.- based hospital scanner business owned by Dubai International Capital LLC, may be put up for sale if restructuring talks with the company’s creditors fail, the London-based Times reported, citing unidentified people close to the situation.
DIC is considering an expedited auction of the company if its senior lenders, which include Lloyds Banking Group Plc, block DIC’s plan for a cash injection, the newspaper said.
A deal must be reached by Sept. 16, when a standstill agreement with lenders expires, the Times said.
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