The administration, which is responsible for the NMC Healthcare Group, has started selling the company's assets. According to Arabiya Net, the administration aims from this step to provide funds to pay off the company's loans, according to Bloomberg, citing informed sources. Officials overseeing the restructuring of the company that Alvrez and Mursal have prepared, said that the company began requesting offers to sell the distribution company of the NMC Group, according to informed sources. . She requested bids this month, according to informed sources.
The management plans to start selling the company's profitable fertilization activity as soon as possible during the months of June or July.
The administration is considering selling most of the company’s assets, including hospital activity, which is the largest healthcare provider in the Middle East. These measures indicate that the company's management has begun dividing the NMC Healthcare Group, which was a FTSE 100 company, with a market value of 11 billion Dollars. An informed source said that the administration is moving quickly to sell the company's distribution business, and is demanding quickly to make offers. He added that no final decision had already been taken, and there were no firm talks that would result in the sale. Representatives from NMC said that the company was exploring several options regarding NMC Trading, which handles the distribution business, which was classified as not It is a major business of the company. They added in a statement: The priority of the company’s management team is to stabilize the business, and to ensure that care services continue to be provided in hospitals and affiliated health centers. And they continued: The distribution work of the group is separate from the main work of the company in the Emirates, which is the work related to hospitals and health centers. NMC Trading distributes Nestle Products, Phaser Pharmaceuticals, and Unilever in the Emirates. The company also markets imported medical equipment, educational materials, office supplies, and veterinary products.
