NMC founder BR Shetty appoints Houlihan Lokey as financial advisor
Investment firm Houlihan Lokey has been hired by NMC Health founder BR Shetty for strategic option advice for the company’s portfolio and debt restructuring.
Shetty’s holding company BRS Ventures Investment is the holding company for 30 firms including Travelex owner, Finablr.
The investment firm Houlihan Lokey has declined to comment. Their appointment was earlier reported by Bloomberg News.
On Monday, Shetty resigned from NMC from his co-chairman position creating an uncertain future for the UAE-based healthcare company.
NMC Health has seen a staggering drop in its share price over the past few weeks due to major investors having doubts on the shareholdings of the company.
(Photos syndicated via Reuters)
This story has been edited by BH staff and is published from a syndicated field.