NMC Health Received Preliminary Takeover Approaches

NMC, a major hospital operator, faced a significant stock price drop after Muddy Waters questioned its financials. NMC responded with a strong rebuttal and initiated an investigation. KKR and GKI have shown interest with a preliminary bid, while key shareholders are stepping aside from discussions. The situation is fast-moving, with potential market implications.

What was the impact on NMC's stock price following the allegations?

What was the main argument presented by Muddy Waters against NMC?

What actions did NMC take in response to the allegations made by Muddy Waters?

What role does KKR play in the current situation regarding NMC?

Who is Doctor BR Shetty and what is his significance in the context of NMC?