Healthcare Sector Ideas

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NMC Health has been 'the most shorted stock on the FTSE 100', but looks like they just received two bids for a 40% stake in the company -


>>> NMC Health shares jump on report of Chinese interest in stake

Financial Times

Myles McCormick and Arash Massoudi in London

August 21, 2019


https://finance.yahoo.com/m/9d0462f6-fb6f-31e1-ac54-0eba42fa750a/nmc-health-shares-jump-on.html


Shares in NMC Health, the most shorted stock on the FTSE 100, jumped 22 per cent on Thursday after the Abu Dhabi-based healthcare group was reported to have become the target of interest from Chinese bidders. Chinese conglomerate Fosun International was one of two bidders that made competing offers for a 40 per cent stake in the healthcare chain operator, according to a report by Reuters. The minority stake is jointly owned by Khalifa Butti Bin Omeir, the chairman of Abu Dhabi-based investment firm KBBO Group, UAE-based businessman Saeed Bin Butti Al Qebaisi and Infinite Investment, a vehicle linked to the men.

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