NMC Health secures £192m lifeline from lenders

NMC Health secures £192m lifeline from lenders By Daily Mail City & Finance Reporter Published: 22:03 BST, 3 August 2020 | Updated: 22:03 BST, 3 August 2020 NMC Health has secured a £192m lifeline from its lenders.  Lifeline: The scandal-hit hospitals provider was forced into administration in April The scandal-hit hospitals provider was forced into … Read more

Big four audit firm Ernst & Young faces quiz over NMC role

Accounting watchdog launches investigation into Ernst & Young over its audit of scandal-hit NMC Health By Matt Oliver For The Daily Mail Published: 22:10 BST, 4 May 2020 | Updated: 22:10 BST, 4 May 2020 The accounting watchdog has launched an investigation into Ernst & Young (EY) over its audit of scandal-hit NMC Health.  The … Read more

MARKET REPORT: Bid talk gives NMC Health shares a shot in the arm

Crisis-hit NMC Health started the week with a bang after it said it is considering takeover bids from private equity firms. Shares in the FTSE 100-listed firm, which runs one of the biggest hospital chains in the United Arab Emirates, soared after bosses confirmed they had been approached by KKR and GK Investment with possible … Read more

Lender’s court bid tips hospital group NMC Health towards collapse 

Lender’s court bid tips troubled private hospital group NMC Health towards collapse By Lucy White For The Daily Mail Published: 21:50 BST, 6 April 2020 | Updated: 22:21 BST, 6 April 2020 A major lender to troubled NMC Health has filed to have the company put into administration. Abu Dhabi Commercial Bank (ADCB), which is … Read more