(MENAFN) NMC Health, one of the largest healthcare providers in the private sector in the UAE, paid USD100 million to acquire two healthcare service providers, a corporate statement said, Reuters reported.
NMC Health participates in two major venues: healthcare and NMC Trading. The two purchased firms are Americare Group and Dr. Sunny Healthcare Group.
"Both acquisitions are interesting as they diversify NMC's revenues (one into a new service line and one expanding geographically) and both can provide referrals into its existing specialty hospitals," an official statement said.
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