Guardians of NMC Health will sell the fertility unit of the company outside the UAE, which may be valued at more than $ 500 million.

The sources said that the company's fertility unit within the UAE is not for sale.

Alvars & Marshall office, in an e-mail to Reuters, said a range of options are being explored. No formal process has started.

One source said that it was reported that Yokhin had verified the IVF activity before interest, taxes, depreciation, and amortization of debt between 70 and 90 million dollars.

A second source said that the unit is estimated at more than 500 million dollars, based on a profit multiplier between ten times and 15 times.

It is worth noting that IVF is a growing activity for investors. A report from Grand View Research said that the global fertilization market is expected to reach $ 37.7 billion by 2027, with a CAGR of 9.5%.

Guardians of Alvars & Marsal were appointed in April to oversee NMC Health after months of turmoil regarding its financial situation.