NMC Healthcare and Dubai Islamic Bank reach out-of-court settlement on litigation.

NMC Healthcare Group and Dubai Islamic Bank have reached an "out-of-court settlement" of all litigation, involving current and pending disputes between the parties and related third-parties. Under the agreement, DIB will receive cash consideration and Holdco notes in the settlement of certain claims. The London-listed NMC Healthcare, previously embroiled in financial scandals, had its listing removed after a collapse.

March 19, 2024
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