Thursday, 8 March 2012

$250 million London listing planned for Abu Dhabi's NMC - The National

NMC Healthcare, the Abu Dhabi-based healthcare firm, is preparing a US$250m (Dh918.2m) listing on the London Stock Exchange.


The company was seeking investment from UK investors "to finance current expansion plans and fund future growth opportunities," according to a regulatory filing.


The initial public offering (IPO) was the "next logical step" for the company, which has operated in the UAE for 37 years, said Dr BR Shetty, founder, managing director and chief executive of NMC Healthcare.

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