Latest News on Fortis Stake Sale
Showing of 0 - 10 from 13 results
Fortis Stake Sale - Total results - 13
Jul 13, 2018
IHH offers strategically, financially compelling proposition along with simplicity and certainty, says Fortis chairmanBased on the IHH offer price of Rs 170 per share, the implied equity valuation for 100 percent of Fortis Healthcare is Rs 8,880 crore
Jun 29, 2018
Fortis stake sale: Healthcare major extends date of submission for binding bids to 3 JulyIn May, Fortis Healthcare had initiated a fresh time- bound bidding process for its sale after terminating the offer made by the Munjal-Burman combine
Jun 27, 2018
Fortis Healthcare Q4 loss widens to Rs 9.32 billion on account of continuing business challengesFortis has become the target of a bidding war by suitors seeking to get a share of a boom in India’s private healthcare market
Jun 26, 2018
Fortis Healthcare defers approval of quarterly and annual financial results again, board meeting to reconvene todayFortis Healthcare has again deferred approval of quarterly and annual financial results for the period ended March 31, 2018
Jun 12, 2018
Fortis stake sale: Healthcare major extends deadline for submission of binding bids to 28 JuneCash-strapped Fortis Healthcare, which is in the process of finding a buyer, has extended the deadline for submission of binding bids to 28 June
May 30, 2018
Fortis stake sale: Board outlines fresh bidding process, bidders given 10 days for financial, legal due diligenceThe bids should also provide a plan for funding Fortis’s acquisition of RHT Health Trust’s Indian assets, agreed in November, and options to private equity investors to exit Fortis’s unit SRL Ltd.
May 29, 2018
Fortis stake sale: Board invites fresh bids after terminating Munjal-Burman offer, sets 14 June deadlineFortis Healthcare on Tuesday initiated a fresh time-bound bidding process for its sale after terminating the offer made by the Munjal-Burman combine
May 25, 2018
Fortis stake sale: Malaysia's IHH Healthcare Berhad extends validity of revised offer to 30 JuneMalaysian firm IHH Healthcare Berhard on Friday extended the acceptance period for its enhanced revised proposal for acquiring Fortis to 30 June
May 22, 2018
Fortis stake sale: Three directors quit ahead of shareholder vote today citing personal reasonsThe directors quitting is the latest twist in a prolonged takeover for Fortis, one of the country’s largest hospital operators.
May 21, 2018
Fortis stake sale: Independent director quits ahead of board meet tomorrow citing 'personal reasons'The crucial stakeholders meeting to be held on 22 May to decide the fate of four independent directors -- Brian Tempest, Harpal Singh, Sabina Vaisoha and Gen Shergill.