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KKR rules out offer for NMC, Italian-backed group confirms interest

General view of NMC specialty hospital in Abu Dhabi
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(Reuters) - Private equity firm KKR on Tuesday said it does not intend to make an offer for troubled NMC Health but Italian-backed GKSD Investment Holding confirmed it could bid.Shares in the United Arab Emirates' largest private healthcare company extended losses to touch session lows after the KKR announcement.By 1030 GMT, they were down 16% on the London Stock Exchange and set to lose half..
Date Published: Feb 11, 2020
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