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Thursday, 28 December 2017

NMC in talks to acquire Alameda Health Care

M&A WATCH- UAE-based hospital group NMC Healthcare is reportedly in talks to acquire Alameda Healthcare, sources told Al Mal. Fahad Khater’s Alameda owns shares in the Dar Al Fouad and As-Salam International Hospitals in Egypt. The transaction could be executed through share-swap through which NMC would take over Alameda and its shareholders would get shares in NMC. Zaki Hashem & Partners are reportedly the legal advisors to NMC, Al Mal reports, adding that no financial advisors are on board yet.

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