UAE: NMC Healthcare will be ‘sold’ eventually, IPO an option, says CEO

NMC Healthcare’s Chief Executive David Hadley has confirmed the healthcare group will ultimately be sold, though shareholders are not currently pursuing immediate exit strategies. During a media briefing on January 15, 2026, Hadley revealed multiple potential pathways for the company’s future ownership structure, including an initial public offering, private investment, or sovereign wealth fund involvement.

Hadley emphasized that while eventual sale is certain, the current focus remains on implementing operational changes and completing ongoing projects. “Banks do not hold these assets for long, but right now, we are not openly looking to sell,” he stated, indicating that the organization must first consolidate recent improvements before considering ownership transitions.

The CEO acknowledged a previous unsuccessful acquisition approach, noting that discussions collapsed due to fundamental disagreements about business direction. Despite this, he described shareholders as “very supportive of the strategy and optimistic about future opportunities within the UAE.”

NMC Healthcare’s complex history includes its 2012 London Stock Exchange listing and subsequent delisting following financial irregularities that led to creditor administration, primarily overseen by Abu Dhabi Commercial Bank. Hadley characterized an IPO as merely one option among several, noting it is “not the preferred option” at present.

The executive highlighted global healthcare consolidation trends as potentially favorable for NMC’s future. He suggested that merging with another organization could present “a fantastic opportunity,” while also mentioning potential interest from private equity investors and sovereign wealth funds with existing healthcare portfolios. Hadley specifically noted that newly established sovereign funds might express interest in the company.

Despite these possibilities, Hadley reiterated that immediate exit considerations remain secondary to executing the company’s strategic vision, though the organization would entertain serious offers from interested parties.