NMC Health PLC (NMC.L)
29 Apr 2016
DUBAI, March 21 Here are some factors that may affect Middle East stock markets on Monday. Reuters has not verified the press reports and does not vouch for their accuracy.
ABU DHABI, March 20 NMC Health, the United Arab Emirates-based healthcare provider, expects earnings to increase by 45 percent this year on the back of recent and future acquisitions as well as organic growth, its deputy chief executive said on Sunday.
* FY group reported revenues increased by 36.8 pct to $880.9 million. Proforma revenues increased by 45.8 pct to $938.7 million
* 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ABU DHABI, Nov 16 NMC Health has withdrawn its bid for rival United Arab Emirates-based healthcare provider Al Noor Hospitals due to valuation concerns, its vice chairman and chief executive told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.