Emirates NBD offloads £27m NMC Health stock to settle shareholder loan

Emirates NBD Bank_Dubai_skyline_PA_575x375
By Aidan Gregory
24 Jan 2020

Dubai’s Emirates NBD Bank has sold a small stake in NMC Health, the beleaguered UAE private healthcare company, to close out a loan owed by Infinite Investment, a vehicle for two of the company’s controlling shareholders.

Infinite Investment is an investment vehicle through which Saeed Al Qebaisi and Khaleefa Al Muhairi jointly owned a 7% stake in NMC Health following the last sale earlier this month. Al Muhairiis has a 12.5% direct ownership of NMC Health and Al Qebaisi has a 4.7% stake, outside ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.