Latest News on Ihh Healthcare
Showing of 0 - 10 from 26 results
Ihh Healthcare - Total results - 26
Nov 08, 2018
Fortis Healthcare CEO Bhavdeep Singh quits; to continue till successor appointedBhavdeep Singh has steered the organisation over the past three and a half years
Sep 05, 2018
Fortis Healthcare: Shivinder Singh sues brother Malvinder alleging oppression, mismanagement of business; moves NCLTLast month, the brothers who are co-promoters of the Group had put the blame on former Religare Enterprises Chairman and Managing Director Sunil Godhwani for the group's troubles.
Sep 04, 2018
Fortis Healthcare to appoint external agency to undertake scrutiny of its internal controls and compliancesFortis had in February this year decided to carry out an independent investigation through an external legal firm following allegations of siphoning off nearly Rs 500 crore
Jul 27, 2018
Fortis Healthcare acquisition: Malaysian firm IHH’s open offer to commence on 7 SeptemberEarlier on 13 July, Fortis Healthcare board had approved Rs 4,000-crore offer from Malaysia's IHH Healthcare for 31.1 percent stake in it, valuing the cash-strapped firm at Rs 8,880 crore thus ending months of a takeover battle
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
Jul 11, 2018
Fortis Healthcare board to meet on Friday to consider fund raising through issue of securitiesCash-strapped Fortis Healthcare, which is in the process of finding a new investor, on Wednesday said its board will meet on 13 July to consider raising funds through issue of securities on a preferential allotment basis
Jul 03, 2018
Fortis acquisition: Munjal-Burman stay away from fresh bidding; IHH, Manipal-TPG in frayMalaysia's IHH Healthcare and Manipal-TPG combine have put in fresh binding bids for cash-strapped healthcare chain while Munjal-Burman combine, which had earlier emerged as the preferred suitor for Fortis Healthcare, has backed out from the race
Jun 27, 2018
Fortis Healthcare says 'systemic lapses' found in inter-corporate borrowings; findings submitted to SEBI and SFIOThe company has initiated legal action for recovery of these outstanding ICDs and other advances, Fortis Healthcare said
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 28, 2018
Fortis saga continues: Munjal-Burman give consent to reopen bidding process, express anguish over 'indecision'Fortis Healthcare, however, did not clarify whether it will re-open the bidding process.