Clermont Group increases share stake in UAE’s NMC Health

Clermont Group increases share stake in UAE’s NMC Health

Clermont Group disclosed a 1.06 per cent interest in NMC Health in a February 19 filing, two months after a scathing report from Muddy Waters that has slashed the stock's value by about two thirds.. Clermont Group, which has investments in health care, finance and aviation, has been buying more, and now owns the equivalent of 6.64 million NMC Health shares, or 3.18 per cent of the company, according to the latest filing.. Chandler bought shares in Sino-Forest Corp. in 2011 after the short seller issued a report alleging that the Chinese timber company was overstating the value of its assets.. Block has a vested interest in talking down companies he's bet against, Clermont Group said..