Bmi Healthcare

BMI Healthcare Limited ''BMI Healthcare'' notes the announcement made today by their majority shareholder, Netcare Limited, that it intends to withdraw from the UK market and to pursue a disposal of its interests in BMI Healthcare. This decision coincides with BMI Healthcare having secured the support of its lending banks for the provision of continued funding arrangements to BMI Healthcare. BMI Healthcare will continue to pursue a longer term recapitalisation arrangement with its lenders and other financial stakeholders that creates a stable and supportive ownership structure, to ensure that it has the resources necessary to invest in the business and remain competitive. Dr Karen Prins, Chief Executive of BMI Healthcare, said ''Their absolute focus remains on working with Consultants, private medical insurers and the NHS to continue to deliver excellent patient care.

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