NMC Health shares and CBs rally on takeover interest

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NMC Health shares and CBs rally on takeover interest

NMC_Abu_Dhabi_skyline_PA_575_375
A view of the evening illuminated skyline of Abu Dhabi, United Arab Emirates, 30 October 2012. Photo: Jens Buettner | Jens Büttner/DPA/PA Images

Shares in NMC Health, the beleaguered UAE healthcare company, surged as much as 18% on Monday morning after it said it had received takeover approaches from buyout firms KKR and GK Investment.

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