Hero Enterprise Investment Office

Fortis stake sale: Board opts for Munjal-Burman combine offer after five-way bidding war

The board of Fortis Healthcare on Thursday recommended the binding offer of the Munjal-Burmans combine to the shareholders after 18 months of hectic parleys

Race for Fortis: IHH Healthcare, Burmans and Munjals revise offer; a timeline on the story so far

1 May is the deadline for binding offers for Fortis, which will be evaluated by an expert advisory panel. The board is set to meet on 10 May.

Fortis stake sale: Munjals, Burmans extend validity of 'improved binding offer' to 4 May amid five-way tussle

Fortis Healthcare said Hero Enterprise Investment Office and Burman Family Office have extended validity of their 'improved binding offer' till 4 May, 2018

Fortis Healthcare expresses inability to engage with IHH Healthcare owing to pact with Manipal Health Enterprises

Fortis Healthcare has expressed inability to engage with IHH Healthcare over its acquisition offer due to binding agreements with Manipal Health Enterprises