KKR rules out offer for NMC, Italian-backed group confirms interest

  • Date: 11-Feb-2020
  • Source: Reuters
  • Sector:Economy
  • Country:UAE
  • Who else needs to know?

KKR rules out offer for NMC, Italian-backed group confirms interest

(Reuters) - Private equity firm KKR ( KKR.N ) on Tuesday said it does not intend to make an offer for troubled NMC Health ( NMC.L ) but Italian-backed GKSD Investment Holding confirmed it could bid.. FILE PHOTO: An NMC Specialty Hospital, part of the NMC Healthcare group which listed in the London Stock Exchange, is seen in the Al Nahda area of Dubai April 29, 2012.. NMC, which listed in London in 2012 and was promoted to the blue chip FTSE 100 index in 2017, operates clinics and hospitals, specialized maternity and fertility clinics, and long-term care homes hospitals across 19 countries.. GKSD is being advised by GK Investment, which made the approach to NMC on its behalf, the firm said..