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  "documentTitle": "NMC Health plc (NMC.LN)",
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  "authorName": "Carson C. Block",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2019-12-17 00:00:00",
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  "notes": "The slide includes a CV snippet of Nancy E. Evangelista at the top, which appears to be a source or context for the investigation into the KBBO Group/NMC Healthcare network.",
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      "text": "Premier Health Constitutes Yet Another Suspected Inflated Transaction",
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      "text": "12-17 Footnotes detailing sources for the transaction data.",
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      "text": "On June 11, 2018, after the NMC acquisition, the shareholder registry changed to show that 70% of Premier had been purchased by NMC Healthcare LLC and 30% was bought by NOVA Health Investments LLC. On November 26, 2018, there was a further change, with NMC ceding a 1%",
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      "text": "In March 2018, NMC acquired 70% of Premier Care Home Medical and Health Care LLC for cash consideration of $36.4 million. This is an implied valuation of $52.0 million. Sources with whom our investigators spoke believe the acquisition, of which 91% was intangibles, should have commanded only a fraction of this price. Notably, Guggenheim KBBO Partners Investment Banking (a joint venture with Khalifa Bin Butti's KBBO Group) was the sole advisor on the transaction.",
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      "text": "Premier, which appears to provide treatment for special-needs children, was founded in 2014 (less than four years before the acquisition) with paid-up capital of 150 Arab Emirates dirhams. The original shareholders were Sultan Dahi Sultan al Humairri, a UAE national, and Hanadi Suliman Al Ghazzawi, who is Jordanian.",
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      "text": "Source: https://www.slideshare.net/NanzEvangelista/nancyevangelista-cv-56730461",
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