NMC Health converts tank after shares suspended

Aidan Gregory

February 27, 2020 05:30 pm

NMC_Abu_Dhabi_PA_575_375 — A view of the skyline in Abu Dhabi, United Arab Emirates, 30 October 2012. Photo: Jens Buettner | Jens Büttner/DPA/PA Images

Shares in NMC Health, the London-listed United Arab Emirates hospitals operator, have been suspended. Its convertible bonds have fallen to around 50 cents on the dollar, after the Financial Conduct Authority (FCA) placed it under investigation and the company fired its chief executive.

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Topics

Governance Equity UK EMEA GCC United Arab Emirates Middle East Europe Emerging Markets SRI Middle East Equity Equity-Linked EM Middle East Middle East Bonds

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Aidan Gregory