NMC Health Plc (LSE:NMC) acquired 29% stake in As Salama Hospital for $12.4 million on January 1, 2018. The acquisition is fully settled in cash. Post-acquisition, stake of NMC Health Plc in As Salama Hospital will increase from 70% to 99%. The deal is financed from existing cash resources. The acquisition has a high accretive value for the NMC Health Plc shareholders. NMC Health Plc (LSE:NMC) completed the acquisition of 29% stake in As Salama Hospital on January 1, 2018.