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Fortis to sell stake in Vietnam asset for Rs 465 cr, debt ratio to fall
In 2011, Fortis Healthcare International had acquired 65 percent stake in Hoan My Medical Corporation for $64 million. #DealStream #Fortis Healthcare #Fortis Hoan My Medical Corporation #Viva Holdings Vietnam
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Markets up in thin volumes; oil cos rise on fuel price hike news
The Indian equity markets held ground on general bullish sentiment even as global equities were downbeat on US fiscal cliff concerns. #Suzlon #Fortis Healthcare #L&T #MarketOpen
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Fortis Healthcare jumps 8% on Dental Corp stake sale
Shares in Fortis Healthcare rose as much as 7.5 percent on Monday on the company's plans to sell its 64 percent stake in a dental clinics business in Australia for A$270 million. #Fortis Healthcare #StockWatch #stake sale #Dental Corporation #Bupa
Wire
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Rediff
India focus to drive Fortis' fortunes
In an effort to reduce its debt pile further, Fortis Healthcare sold its 65 per cent stake in its Vietnam business, Fortis Hoan My Medical Corporation, to Viva Holdings Vietnam for $80 million or Rs 470 crore (Rs 4.7 billion). The company, which has debt #Vietnam #India #Australia
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Sify
Fortis Healthcare allots 18.8 million shares to IFC
Fortis Healthcare India's No. 2 hospital chain, said its board allotted 18.8 million shares on a preferential basis to the International Finance Corp (IFC). Fortis, which also runs healthcare facilities in Singapore, Malaysia, the Gulf and other Asian co #India #Malaysia #Singapore
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Moneycontrol.com
Bull's Eye: Buy Polaris, Sintex, Apollo Tyres, Orchid
Rajesh Agarwal of Eastern Financiers recommended to buy Mahindra Ugine for a target price of Rs 77 and buy Polaris for a target price of Rs 127. Like this story, share it with millions of investors on M3 Rajesh Agarwal of Eastern Financiers recommended t #CNBC #Rallis India




