DM Healthcare Group in Kuwait expansion - The National

DM Healthcare Group in Kuwait expansion - The National:

"DM Healthcare Group, which operates hospitals in the UAE under the Medcare and Aster brand names is planning an initial public offering by the first quarter of 2015 to fund expansion beyond its current markets of the Arabian Gulf and India.

The hospital, clinic and pharmacy group is looking at the London, Dubai and Indian stock exchanges for the IPO, and is not ruling out a dual listing.

DM Healthcare, which also currently operates in Oman, Qatar and Saudi Arabia, is in talks to open pharmacies and clinics in Kuwait. The company is also exploring opportunities in Jordan."

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