Hints and tips:
...In 2018, The Analyst — the equity research shop known for well-timed short recommendations on companies such as NMC Health and THG — published a series of negative reports probing Victoria’s acquisitions...
...A person briefed on Credit Suisse’s stance said the bank was “working under the hypothesis” that the insurance policies would pay out in the event of a default, as they had done in the case of NMC Health...
...FTI Consulting: dealing with some bad PR The public relations and business advisory firm that represented companies such as Wirecard and NMC Health is back in the headlines....
...Smart reads NMC’s unhealthy ways Abu Dhabi-based NMC Health has found itself at the centre of one of the biggest scandals to engulf a FTSE 100 company....
...News round-up McDonald’s sues former chief over alleged sexual relationships with staff (FT) Norway’s central bank accused of breaking law over oil fund appointment (FT) False invoices at centre of new NMC...
...UK LFL sales growth was +3.9% ex splits (+3.0% 3Q) and +2.6% inc splits (+1.4% 3Q). RoI LFL sales growth was -1.0% ex splits and -2.4% inc splits....
...The Credit Suisse funds concerned have faced a fair amount of press scrutiny recently, for financing everything from scandal-plagued hospital operator NMC Health to the owner of a hotel in Mogadishu....
...Shetty’s situation: NMC’s health crisis leaves KKR feeling burnt On Monday NMC Health — a hospital operator whose stock is listed on London’s FTSE 100 — put out two separate market statements....
...(Bloomberg) Quality control EY is fighting fires on multiple fronts, including on its oversight of NMC Health and its audits of Wirecard....
...(FT) Goldman Sachs spends $1.9bn to shore up two money market funds (FT) Dealmakers getting creative after virus upends M&A market (BBG) Mortgage investment funds become ‘epicentre’ of crisis (FT) NMC...
...Howard Marks’s Oaktree seeks $15bn for biggest distress fund ever (BBG) JC Penney explores bankruptcy as hopes for recovery fade (Reuters) ByteDance looks to hire 10,000 thanks to TikTok boom (FT) NMC...
...NMC Health, the beleaguered FTSE 100 healthcare provider, has fired its chief executive Prasanth Manghat, suspended a member of its treasury team and granted “extended sick leave” to its chief financial...
...boom in EU (FT) Vanguard broadens reach with entry into private equity (WSJ) Apollo nears deal to buy Covis Pharma from Cerberus (Bloomberg) Bill Ackman sold Starbucks stake as coronavirus hit (FT) NMC...
...FT) Data’s the secret weapon for Rappi, SoftBank’s big bet in Latin America (Reuters) Private equity managers scoop bigger pay and bonus awards (FT) Bed Bath & Beyond strikes real-estate deal (WSJ) NMC...
...Tata chairman Mistry should be reinstated, Indian court rules (FT) Clive Cowdery in $1.25bn deal to buy Voya Financial policies (FT) Takeover talks between gold miners Centamin and Endeavour stall (FT) NMC...
...Patient holders of NMC will feel in rude health....
...NMC Health took on 3.2 per cent to 175.2p after winning a five-year contract to run a government hospital in the United Arab Emirates....
...The football leagues have offered a temporary extension, but NMC has rejected the offer, claiming the agreement is too restrictive....
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