Two groups, including one backed by China's Fosun , have made comp...
FILE PHOTO: An NMC Specialty Hospital, part of the NMC Healthcare group which listed in the London Stock Exchange, is seen in the Al Nahda area of Dubai April 29, 2012. REUTERS/Jumana El Heloueh
The deal, which shows the growing interest of Chinese companies in the Middle East, could allow the UAE-based investors to realize significant gains after they bought the stake in 2011 for $1 billion. Its single biggest shareholder, B.R. Shetty, who is also the founder of the company, is not planning to sell his 19% stake, according to the sources.
Neither NMC Health nor KBBO, which is representing the group of Emirati investors, would comment directly on the bids.
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