NMC Health PLC (NMC.L)
25 Nov 2015
* Entered into an agreement to acquire a 51 pct shareholding in Fakih IVF Group for AED696 million ($189 million)
* Announces it does not intend to make an offer for Al Noor Hospitals Group Plc
ABU DHABI, Nov 16 NMC Health has withdrawn its bid for rival United Arab Emirates-based healthcare provider Al Noor Hospitals due to valuation concerns, its vice chairman and chief executive told Reuters on Monday.
ABU DHABI NMC Health , the United Arab Emirates-based healthcare provider, has submitted an offer for rival Al Noor Hospitals but will not negotiate on price, vice chairman and chief executive BR Shetty told Reuters on Monday.
* NMC Health has also shown interest in tie up with Al Noor (Adds analyst comment, deal value, Mediclinic share price)
* Reiterate our commitment to this opportunity despite lack of meaningful engagement from board of al noor.
LONDON, Oct 14 South Africa's Mediclinic Intl on Wednesday agreed to buy United Arab Emirates' Al Noor Hospitals Group, beating out rival NMC Health .
ABU DHABI, Oct 9 NMC Health, the United Arab Emirates-based healthcare provider, said on Friday it had made an informal cash and share offer to buy rival Al Noor Hospitals Group, sparking a race with South Africa's Mediclinic International Ltd.
* Confirms that it has approached board of directors of Al Noor regarding a possible cash and share offer
ABU DHABI, Aug 26 United Arab Emirates-based healthcare provider NMC Health reported a 14.7 percent jump in adjusted net profit on Wednesday, boosted by higher revenue from its local business.