Deals
NMC Health Backer Weighs Strategic Options, Debt Revamp
- Abu Dhabi investment firm is working with KPMG on the plans
- KBBO’s Khalifa Bin Butti Omeir Al Muhairi resigned from NMC
A pedestrian waits outside the entrance to the NMC Royal Hospital in Dubai.
Photographer: Christopher Pike/BloombergThis article is for subscribers only.
Abu Dhabi-based KBBO Group, once one of NMC Health Plc’s biggest shareholders, plans to restructure its debt and is weighing strategic options for the business, people familiar with the matter said.
KPMG LLP is advising the privately-held investment firm on the asset review along with ways to address the company’s debt load, according to the people, who asked not to be identified because the information is private.