In a significant reshaping of healthcare portfolios, Dentons, the world’s largest law firm, has successfully advised NMC Healthcare Group on the divestment of its Oman operations to the Tawoos Group, a prominent Omani conglomerate. This strategic move includes the transfer of two hospitals and six clinics across Oman, marking a pivotal expansion in local healthcare capacities for Tawoos Group and allowing NMC to concentrate more intensively on its core UAE market.

NMC Healthcare, a leading private healthcare provider in the UAE, is refocusing its efforts on its extensive network, which includes over 180 entities and a workforce of 11,000, serving five million patients annually. The sale is part of NMC's strategy to optimize its resources and enhance healthcare offerings in the UAE.

The transaction was complex, involving multiple stakeholders, including creditors, regulators, and a large number of staff and patients. The legal intricacies of the deal were managed by Dentons, showcasing their prowess in banking, restructuring, litigation, and corporate law. Deloitte played a crucial role as financial advisers, with Dentons & Co Oman Branch serving as legal counsel.

Sadaf Buchanan, Partner at Dentons, emphasized the firm's comprehensive approach: "It has been our privilege to support NMC in alignment with the Tawoos Group. We structured a deal that not only meets NMC’s strategic objectives but also takes into account the interests of various stakeholders involved."

From NMC’s perspective, CEO David Hadley expressed satisfaction with the outcome: "We are proud of our history in Oman and are pleased to entrust the future healthcare services to Tawoos, a company known for its innovation and commitment to long-term growth. This move allows us to focus on enhancing our services in the UAE while ensuring continuity of care for our patients in Oman."

Christopher Habib, NMC’s Chief Strategy Officer, also noted the strategic importance of the divestiture: "This decision supports our vision to invest and expand in the UAE, securing a promising future for our operations in Oman under the new ownership of Tawoos Group."

The Tawoos Group, established in 1982 and now one of Oman’s largest diversified businesses, is poised to bring its considerable resources and expertise to bear in the healthcare sector, promising an era of enhanced services and innovations.

This acquisition not only signifies a substantial shift in Oman’s healthcare landscape but also highlights the effective role of strategic legal and financial advisory in facilitating complex international business transactions.