NMC Healthcare shares drop sharply after two controlling shareholders announced plans to sell £373mln stake
The group said Saeed Mohamed Butti Mohamed Khalfan Al Qebaisi and Khalifa Bin Butti remain “supportive and long-term investors in NMC”
Company
NMC Health PLC
LON:NMC
NMC Healthcare LLC is hospital operator, based in Abu Dhabi.
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NMC Health falls out of bed again after independent review update
The appointment of independent advisers to undertake the review is currently being progressed and is expected to be confirmed shortly.
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FTSE 100 ends 2019 with a whimper, but posts a bang for the year and the decade
At the final closing bell of 2019, the UK blue-chip index was 44.61 points, or 0.6% lower at 7,542.44
NMC Health publishes further material against Muddy Waters’ allegations
The FTSE 100-listed company confirmed that the NMC Royal Women's Hospital has a total floor area of 18,595 square metres
FTSE 100 posts modest gain on first session back after Christmas
The UK blue-chip index closed midway between the day’s peak of 7,665.40 and its low of 7,622.46
NMC Health tug of war continues as firm moves to further refute allegations made against it by Muddy Waters
The UAE-based hospitals operator’s share price received a boost on Monday when the company revealed it would kick off an independent investigation into the allegations
NMC Health to launch independent review into short-seller Muddy Waters' claims
The UAE-based hospital group said it was disappointed by the ‘very material and, we believe, unwarranted share price reaction’ to the report
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FTSE 100 closes near day's high on final full session before Christmas
At the close, the UK blue-chip index was up 41.11 points, or 0.4% at 7,623,59, slightly below the session high of 7,628.20
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FTSE 100 stages late mini-rally to end higher as Wall Street gains continue
While the Footsie enjoys an extended afternoon doze, US markets are set to open full of vigour
NMC Health shares mount small recovery as it lambastes Muddy Waters short attack, announces share buyback
The private healthcare group said a report on Tuesday from the short-seller that raised concerns about its finances was “principally unfounded, baseless and misleading"
NMC Health shares tumble 23% after short seller Muddy Waters takes aim
The investment firm, which disclosed a short position against NMC, publically disseminated a critical assessment of the company's finances on Tuesday
Chinese giant Fosun one of two parties interested in buying 40% stake in NMC Health – reports
According to Reuters, two groups have tabled bids to buy a 40% stake in NMC Health from UAE businessmen, Khalifa Butti Bin Omeir and Saeed Bin Butti Al Qebasi
SDX Energy shares leap as first-half production rises
A look at the day's major movers, including Tekcapital, Arcontech, NMC Health and SimiGon.
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FTSE 100 closes near flat as global markets appear uninspired
Footsie closed up nearly a point at 7,368, while mid-cap cousin FTSE 250 shed over 77 points at 19,172
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Tesco’s first quarter set to face tough comparisons
Tesco, DS Smith and PZ Cussons are the standout names in Thursday's diary.
Investments and investor services
FTSE 100 regains ground at the close
The FTSE 100 closed 32.86 points higher at 7,218.16 on Thursday, just easing off its late afternoon high of 7,235
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FTSE 100 closes below its opening benchmark as trade war concerns cloud market sentiment
The UK blue-chip index ended 7.78 points lower at 7,265.98, just off the day's worst level of 7,263.80 after a topsy-turvey session which saw it hit a session high of 7,314.85 early on
Investors cash in as NMC Health delivers record annual profits
The results were as expected given NMC raised its guidance back in October and then repeated the new forecasts again in December
FTSE 100 closes lower after European Central Bank strikes downbeat note
"Brutal cuts from the ECB as GDP growth for 2019 is cut from 1.7% to 1.1%. With this in mind, it seems like any possible interest rate raises are all but completely ruled out until likely 2021," declared Jordan Hiscott, the chief trader at