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UAE's NMC Health buys Sharjah hospital for $560 mln - exec
December 14, 2016 / 8:39 AM / in 7 months

UAE's NMC Health buys Sharjah hospital for $560 mln - exec

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ABU DHABI, Dec 14 (Reuters) - United Arab Emirates-based healthcare provider NMC Health is buying Al Zahra Hospital in Sharjah for $560 million, NMC's deputy chief executive told Reuters on Wednesday.

The deal has been finalised and the takeover of the privately owned Sharjah-based hospital will be in the first quarter of 2017, Prasanth Manghat said.

Reporting by Stanley Carvalho, editing by Tom Arnold

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