UAE – Mubasher: Mubadala Investment Company is currently considering to invest in NMC Healthcare, the largest healthcare provider in the UAE, as part of Abu Dhabi’s objectives to diversify its economy, Bloomberg reports.
Buying a stake and being represented through a board seat are among the investment options that Mubadala has studied while holding discussions with the healthcare provider.
The potential transaction comes amid allegations made against NMC Healthcare by Carson Block’s Muddy Waters Capital of potential overpayment for assets, inflated cash balances, and understated debt, according to Bloomberg.
Meanwhile, other investors linked to Italian hospital operator Gruppo Ospedaliero San Donato Spa are studying a possible offer to the Emirati healthcare provider.
