UAE healthcare provider NMC Health, founded by billionaire Indian entrepreneur BR Shetty, will raise between $174.6 million and $244 million from its initial public offering on the London Stock Exchange, a source at a lead bank said on Tuesday.
March 20, 2012 11:19
The first initial public offering of an Abu Dhabi corporate in London looks both tempting and risky. NMC Health has every reason to want to list in the UK. It has a clear growth story, and the London market knows healthcare well. But investors should demand to see a full medical history before parting with any cash.
March 10, 2012 5:13
Move comes as part of an attempt to expand in overseas markets
January 29, 2011 2:42