UAE's NMC Healthcare plans $800 mln in investments from 2018

UAE's NMC Healthcare plans $800 mln in investments from 2018:

"United Arab Emirates-based hospital operator NMC Healthcare has $800 million available to start investing in 2018 in the Gulf and other markets, its chief executive told Reuters in an interview. The London-listed firm, which is among the beneficiaries from recent growth in the Gulf’s healthcare sector, plans to acquire hospitals and other facilities, as well as smaller investments in In-Vitro Fertilisation (IVF) facilities in Europe, said Prasanth Manghat. “We have an $800 million war chest available to us and see a lot of assets in the market that make sense for us,” said Manghat. “If you look at healthcare, there’s a shortage of quality of assets and from a usage point of view there’s a lot of assets.”"



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