NMC Health shares slump as KKR rules out takeover bid

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NMC Health shares slump as KKR rules out takeover bid
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NMC Health shares slumped nearly 15% as Kohlberg Kravis Roberts said it's not made a proposal to buy the Middle Eastern hospital operator and that it doesn't...

NMC Health NMC, -14.01% shares slumped nearly 15% as Kohlberg Kravis Roberts said it's not made a proposal to buy the Middle Eastern hospital operator and that it doesn't intend to make one. GK Investment Holding Group earlier on Tuesday had stated it's in the preliminary stages of considering a bid. NMC, a target of short-seller Muddy Waters, on Monday had said KKR and GK Investment had made "highly preliminary approaches.

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