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.
%20Finance%20Time.jpg "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.