NMC now in administration - first move, dump the board – but what happened to Shetty Jnr as E&Y sweats
By Nigel Somerville | Tuesday 14 April 2020
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I see the shambles left behind by the very naughty Dr Shetty that is NMC Health (NMC), now in administration, has seen the first move of newly appointed administrators Alvarez & Marsal Europe LLP: the board has been sacked en masse. There's a vote of confidence for you!
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