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 22-Jan-18, Reuters 

London-listed and UAE-based NMC Health has made two acquisitions worth USD207 mn. NMC acquired a 70 percent stake in UAE-based CosmeSurge for USD170 mn and an 80 percent stake in Saudi Arabia's Al Salam Medical Group for USD37 mn.

UAEs NMC Health makes two Gulf acquisitions worth USD207 million (c) Finance Time

Image: Finance Time

CosmeSurge, which provides cosmetic surgery and aesthetic medicine, is expected to report a 2017 EBITDA of USD20.5 mn on revenue of USD67 mn.

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