Monday, 19 October 2015

Another Al Noor suitor emerges – but Mediclinic in the box seat | The National

Another Al Noor suitor emerges – but Mediclinic in the box seat | The National:

"A three-way takeover tussle could emerge for Al Noor Hospitals, the Abu Dhabi healthcare group quoted on the London Stock Exchange.

Al Noor has agreed terms with the South African-owned Mediclinic group, while NMC Health of the UAE, also quoted on the LSE, is considering a rival offer.

But Ronald Lavater, the chief executive of Al Noor, has revealed a third approach. “We’ve received another expression on interest. I cannot identify the source of the potential bidder, nor say whether or not it will amount to a bid, but it demonstrates what an attractive proposition we are, and what growth there still is in the regional healthcare market.”"



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