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Ihh Healthcare

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Malaysia's IHH plans India expansion after Fortis open offer

After completion of its mandatory tender offer in Fortis Healthcare and Fortis Malar Hospitals, Malaysian heĀ­alth care giant IHH Healthcare is aiming to add 2,000 beds in a bid to double down on......

Malaysia's IHH Healthcare wins bid for Fortis, plans to invest Rs 4000 cr

After months of searching for an investor, cash-strapped Fortis Healthcare on Friday said its board has unanimously accepted a binding offer from Malaysia’s IHH Healthcare Berhad to invest Rs......

Open offers highest since 2008 as acquisition, takeover attempts surge

Open offers this calendar year, following attempts at acquisition and takeover, came in at more than two a week. Illustration: Dominic Xavier/Rediff There were 121 such open offers to acquire......

Why IHH's takeover of Fortis may not be smooth

On Wednesday, Daiichi Sankyo's lawyers argued for a stay on stake sale by Fortis, which was opposed by counsels of the hospital chain and promoter entities. The ongoing legal woes of beleaguered......

Fortis receives revised offer from Malaysia's IHH at Rs 175 per share

Fortis Healthcare has already received binding offers from four entities - KKR-backed Radiant Life Care, IHH Healthcare, Manipal/TPG consortium, and Munjal and Burman family offices. Ahead of the......

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