London-based The Times reported that the U. K. based hospital scanner business, owned by Dubai International Capital LLC, the Alliance Medical Ltd., may be on sale if the restructuring talks fail with the creditors of the Company.

DIC is looking for the auction of the Company if its major lenders such as Lloyds Banking Group Plc don't approve the DIC's cash injection plan.

The Times quoted that the deal must be signed before the date of ending of the agreement with the lenders, which is Sept 16.

Houlihan Lokey Bank of U. S. is the advisor for Lloyds Banking Group, which is one of the Alliance Medical's lenders, while Blackstone Group is the advisor for DIC.

The Times also quoted that the Gulf sovereign wealth fund has indirectly named the potential buyers, if the restructuring talks failed.

The DIC has the proposal of £35 million for injecting into the Company.