12. 2. 2020

KGI announced the name of PE group who is interested to take strategic stake in NMC

Krupa Global Investments (KGI) as a NMC Health shareholder announced the name of healthcare group from CEE region to management of NMC Health.

KGI held talks with strong private equity group to take strategic stake in NMC Health. Chairman of KGI Pavol Krupa has been talking for few days with industry experts and private equity group regarding taking strategic stake in NMC Health or securing financing for NMC Health founder Mr. B.R. Shetty. Our partner has more than EUR 10 billion in assets under management and has dominant position in several health care businesses in CEE region. The name has been announced to NMC’s management recently.

‘”We see shares of NMC Health significantly undervalued after recent sell-off and our strategic partner in healthcare sector share our view. This is a great opportunity for us and our partner to take strategic stake in the biggest healthcare provider in the Middle East. We have informed NMC management that we also have interest to provide financing for Mr. Shetty’s ambition to get NMC under his control, if necessary,” said Pavol Krupa, chairman of KGI.

Chairman of KGI Pavol Krupa won’t specify the name of this group to public for now, as talks are in progress.