Perella Weinberg to advise on NMCs fertility unit sale -sources – Reuters UK

DUBAI (Reuters) – The administrators of

facility operator NMC Health have actually chosen Perella Weinberg Partners to encourage on the sale of its international fertility service, two sources familiar with the matter stated on Monday. NMC, once a member of Londons FTSE 100 index, was positioned into administration in April after months of chaos which followed concerns about its financial declarations from short-seller Muddy Waters. NMC, which has borrowed from a total of 80 local and international banks, revealed $4 billion in concealed debt resulting in the removal of top executives at the firm.

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