December 14, 2016 / 8:45 AM / 7 months ago

BRIEF-NMC Health offers to buy Sharjah hospital for about $560 mln

1 Min Read

Dec 14 (Reuters) - NMC Health Plc :

* Acquisition

* Proposed acquisition of Al Zahra Hospital for AED 2,058 million (approximately us$560 million)

* Strategic, accretive acquisition adds one of largest private hospitals in UAE

* NMC directors have identified about $6.5 million of annual cost synergy benefits from second year post completion of acquisition

* Directors reiterate company's standalone 2016 EBITDA guidance of approximately $240 million Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below