NMC Health Plc (LSE:NMC) agreed to acquire 70% stake in CosmeSurge Clinics L.L.C from Emirates Healthcare Group for $170 million on January 18, 2017. Under the terms of transaction NMC will also acquire 17 operational clinics, 10-bed hospital and two new clinics. In a related transaction NMC agreed to acquire 80% stake in Al Salam Medical Group for $37 million on January 22, 2018. Transaction is expected to be completed during Q1 2018. Transaction is expected to be earnings and margin accretive from first year of acquisition. J.P. Morgan Securities Plc acted as a financial advisor to NMC Health Plc.