Tuesday 30 June 2020

UPDATE 1-Perella Weinberg to advise on NMC's fertility unit sale -sources - Reuters

UPDATE 1-Perella Weinberg to advise on NMC's fertility unit sale -sources - Reuters:

The administrators of hospital operator NMC Health have selected Perella Weinberg Partners to advise on the sale of its international fertility business, two sources familiar with the matter said on Monday. 


NMC bought a controlling stake in Spain-based fertility business ClĂ­nica Eugin in 2015 for an enterprise value of 143 million euros ($161 million). It also has operations in Italy, Portugal, Sweden, Brazil and Columbia.

NMC administrators Alvarez & Marsal have hired Perella Weinberg Partners, said the two sources, who declining to be identified as the matter is not public, in a deal that could be worth more that $500 million.

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