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......
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......
In its investor presentation, IHH said it wanted to develop Fortis into a market leader. Malaysian group IHH Healthcare Berhad’s Rs 4,000 crore acquisition of Fortis Healthcare is expected......
With over 45 healthcare facilities and over 300 vibrant diagnostic centres, Fortis is India’s second-largest hospital chain -- next only to Apollo, which has 64 hospitals with 10,000 beds.......
The company said this was ‘important’ to reinforce the ‘complete disassociation’ from its erstwhile promoters -- Malvinder and Shivinder Singh. Leading hospital chain......