NMC Health expects to be placed into administration as talks with lenders fail
Share:
LONDON/DUBAI (Reuters) - Healthcare company NMC Health said on Wednesday it expects to be placed into administration in due course, following weeks of uncertainty relating to its debt levels and undisclosed shareholder dealings.NMC said in a statement it was unable to reach agreement with its creditors despite strenuous efforts to address their concerns.Abu Dhabi Commercial Bank , one of the major lenders to NMC Health, filed an application earlier this month in a UK court to put the company..