Fortis stake sale: Board opts for Munjal-Burman combine offer after five-way bidding war
• 7 years agoThe board of Fortis Healthcare on Thursday recommended the binding offer of the Munjal-Burmans combine to the shareholders after 18 months of hectic parleys
Fortis stake sale: Manipal-TPG revises offer again, values it at Rs 8,358 cr; proposes to infuse Rs 2,100 crore upfront
Ians • 7 years agoManipal Health also offered to subscribe to the equity shares of Fortis by way of preferential allotment for Rs 2,100 crore at a price per equity share of Rs 160.
Manipal Health sweetens offer for Fortis Healthcare again; values hospital business at Rs 6,322 cr
• 7 years agoThis is the second time Manipal/TPG-led consortium has revised its offer for Fortis Healthcare (FHL)
China's Fosun International targets stressed Fortis Healthcare; offers Rs 156 per share for minority stake
• 7 years agoCash-strapped Fortis Healthcare Ltd said Fosun International Ltd has offered to invest up to $350 million, making the Chinese conglomerate the fourth suitor
Fortis stake sale: Board to meet this week to look at all eligible options as two more parties enter the fray
• 7 years agoFortis Healthcare on Monday said its board will meet this week to "look at all eligible options" as two more parties have entered the fray to acquire it
Fortis Healthcare expresses inability to engage with IHH Healthcare owing to pact with Manipal Health Enterprises
• 7 years agoFortis Healthcare has expressed inability to engage with IHH Healthcare over its acquisition offer due to binding agreements with Manipal Health Enterprises
Fortis Healthcare gets new joint offer bid from Munjals and Burmans, to invest Rs 1,250 cr
• 7 years agoGroup entities of Hero Enterprise Investment Office led by Sunil Kant Munjal and the Burman family of the Dabur Group currently hold around 3 percent stake in the healthcare chain.
Manipal Hospitals makes revised offer for Fortis Healthcare, proposes Rs 4,000 cr right issue
Fp Staff • 7 years agoIf successful, the acquisition would create one of India’s biggest healthcare providers and help resolve an uncertain outlook for Fortis, which has been under a cloud as authorities investigate whether its founders siphoned funds out of the company.
Wipro To Implement Hospital Info System In Manipal Health Enterprises
Fp Archives • 13 years agoHospital Information System helps improve operational efficiency and enhance business processes.