KKR says no to NMC Health takeover bid

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KKR says no to NMC Health takeover bid

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April 4, 2013, Dubai, United Arab Emirates: The Burj Khalifa At Dusk; Dubai, United Arab Emirates (Credit Image: © Ian Cumming/Design Pics via ZUMA Wire) | Ian Cumming/Zuma Press/PA Images

US buyout group KKR has said it will not make a bid for the beleaguered UAE healthcare company NMC Health, dampening investor hopes of a rescue buyout and sending its shares and convertible bonds lower.

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