Manipal-TPG Revises Fortis Healthcare Valuation To Rs 9,403 Crore. 5 Points
Business | NDTV Profit Team | Monday May 14, 2018
TPG-backed Manipal made a fresh offer for Fortis Healthcare by committing to invest in the firm at Rs 180 per share, thus increasing the valuation to Rs 9,403 crore, Fortis Healthcare Ltd (FHL) said in a regulatory filing. Having lost out to the Munjal-Burmans combine last week, Manipal-TPG which was the first to make an offer to Fortis Healthcare ...
Hero's Munjal, Dabur's Burman Win Battle For Hospital Chain Fortis
Business | NDTV Profit Team | Friday May 11, 2018
Fortis Healthcare Ltd (FHL), which runs about 30 hospitals in India, had become a target of a heated takeover battle, with five entities bidding for the embattled company.
After Five-Way Bidding War, Fortis Picks Rs 18 Billion Hero-Burman Offer
India News | Reuters | Friday May 11, 2018
India's Fortis Healthcare Ltd's board has accepted an investment offer worth 18 billion rupees ($267.7 million) from the Hero-Burman consortium, following a fiercely contested bidding war for the cash-strapped hospital chain
Manipal Hospitals Raises Bid For Fortis Healthcare, Now Offers To Invest Rs 2,100 Crore. 10 Points
Business | Agencies | Sunday May 6, 2018
Privately-held Manipal Hospitals sweetened its bid for rival Fortis Healthcare Ltd on Sunday, offering to inject 21 billion rupees ($314 million) to help the ailing hospital operator meet its immediate cash needs. Manipal and its consortium partner TPG Capital are offering 160 rupees per share for the acquisition, according to a letter from Manipal...
Malaysia's IHH Offers To Buy Fortis At Higher Price Than Manipal Hospitals
Business | Thomson Reuters | Friday April 13, 2018
Fortis Healthcare Ltd says that IHH Healthcare Berhad has offered to buy the company at Rs 160 per share.
Fortis Says Merger Likely To Be Completed In a Year
Business | Press Trust of India | Wednesday March 28, 2018
Fortis Healthcare Ltd (FHL) said the merger of its hospitals business into Manipal Hospitals Enterprises is expected to be completed in 10-12 months.
Manipal Hospitals Enterprises-Fortis Deal: 10 Facts To Know
Business | NDTV Profit Team | Wednesday March 28, 2018
Fortis Healthcare Ltd's board on Tuesday approved demerger of the company's hospitals business into Manipal Hospital Enterprises Pvt Ltd, creating the largest provider of healthcare services in India by revenue. The Fortis Healthcare board of directors also gave nod to sale of a 20 per cent stake in SRL, its diagnostics arm, for Rs 720 crore. As pa...
Fortis To Sell Hospital Business, Diagnostic Chain To Manipal Hospitals
India News | Reuters | Wednesday March 28, 2018
Fortis Healthcare Ltd said on Tuesday it would sell its hospital business to Manipal Hospitals Enterprises Private Ltd, creating the largest provider of healthcare services in India by revenue.
Foreign Investors Restricted To Buy More Shares In Fortis, Claris
Business | Press Trust of India | Thursday May 25, 2017
The foreign institutional investors (FIIs)/foreign portfolio investors (FPIs) in Fortis Healthcare Ltd has crossed the overall limit of 24 per cent of its paid-up capital, the RBI said.
Fortis Healthcare Redeems $100 Mn Foreign Currency Bonds
Business | Thursday May 21, 2015
Fortis Healthcare on Thursday said it has redeemed the outstanding $100 million foreign currency convertible bonds (FCCBs) listed on the Luxembourg Stock Exchange, on the due date.
Fortis to Sell RadLink Unit in Singapore for $83.5 Million
Business | Thomson Reuters | Saturday May 2, 2015
The deal will be completed on or about May 12, Fortis Healthcare said in a statement on Friday.
Fortis Sells Singapore Hospital for Rs 251 Crore
Business | Friday March 27, 2015
The company said that J P Morgan and Religare Capital Markets acted as financial advisors to Fortis for the transaction.
Fortis Healthcare Q3 Net Loss at Rs 22 Crore
Business | Friday February 13, 2015
Total income of the company rose to Rs 1,024.53 crore for the quarter, as against Rs 1,018.72 crore for the same period of previous fiscal, Fortis Healthcare Ltd said in a filing to the BSE.
Fortis Healthcare Group CFO Resigns
Business | Tuesday September 9, 2014
Hospital chain Fortis Healthcare on Tuesday said its group chief financial officer (CFO) Sandeep Puri has resigned from the company.
Fortis Healthcare posts profit after tax of Rs 32 crore in Q2
Business | Wednesday November 13, 2013
Fortis Healthcare n Tuesday posted a consolidated profit after tax of Rs 32 crore for the quarter ended September 30, 2013.
Manipal-TPG Revises Fortis Healthcare Valuation To Rs 9,403 Crore. 5 Points
Business | NDTV Profit Team | Monday May 14, 2018
TPG-backed Manipal made a fresh offer for Fortis Healthcare by committing to invest in the firm at Rs 180 per share, thus increasing the valuation to Rs 9,403 crore, Fortis Healthcare Ltd (FHL) said in a regulatory filing. Having lost out to the Munjal-Burmans combine last week, Manipal-TPG which was the first to make an offer to Fortis Healthcare ...
Hero's Munjal, Dabur's Burman Win Battle For Hospital Chain Fortis
Business | NDTV Profit Team | Friday May 11, 2018
Fortis Healthcare Ltd (FHL), which runs about 30 hospitals in India, had become a target of a heated takeover battle, with five entities bidding for the embattled company.
After Five-Way Bidding War, Fortis Picks Rs 18 Billion Hero-Burman Offer
India News | Reuters | Friday May 11, 2018
India's Fortis Healthcare Ltd's board has accepted an investment offer worth 18 billion rupees ($267.7 million) from the Hero-Burman consortium, following a fiercely contested bidding war for the cash-strapped hospital chain
Manipal Hospitals Raises Bid For Fortis Healthcare, Now Offers To Invest Rs 2,100 Crore. 10 Points
Business | Agencies | Sunday May 6, 2018
Privately-held Manipal Hospitals sweetened its bid for rival Fortis Healthcare Ltd on Sunday, offering to inject 21 billion rupees ($314 million) to help the ailing hospital operator meet its immediate cash needs. Manipal and its consortium partner TPG Capital are offering 160 rupees per share for the acquisition, according to a letter from Manipal...
Malaysia's IHH Offers To Buy Fortis At Higher Price Than Manipal Hospitals
Business | Thomson Reuters | Friday April 13, 2018
Fortis Healthcare Ltd says that IHH Healthcare Berhad has offered to buy the company at Rs 160 per share.
Fortis Says Merger Likely To Be Completed In a Year
Business | Press Trust of India | Wednesday March 28, 2018
Fortis Healthcare Ltd (FHL) said the merger of its hospitals business into Manipal Hospitals Enterprises is expected to be completed in 10-12 months.
Manipal Hospitals Enterprises-Fortis Deal: 10 Facts To Know
Business | NDTV Profit Team | Wednesday March 28, 2018
Fortis Healthcare Ltd's board on Tuesday approved demerger of the company's hospitals business into Manipal Hospital Enterprises Pvt Ltd, creating the largest provider of healthcare services in India by revenue. The Fortis Healthcare board of directors also gave nod to sale of a 20 per cent stake in SRL, its diagnostics arm, for Rs 720 crore. As pa...
Fortis To Sell Hospital Business, Diagnostic Chain To Manipal Hospitals
India News | Reuters | Wednesday March 28, 2018
Fortis Healthcare Ltd said on Tuesday it would sell its hospital business to Manipal Hospitals Enterprises Private Ltd, creating the largest provider of healthcare services in India by revenue.
Foreign Investors Restricted To Buy More Shares In Fortis, Claris
Business | Press Trust of India | Thursday May 25, 2017
The foreign institutional investors (FIIs)/foreign portfolio investors (FPIs) in Fortis Healthcare Ltd has crossed the overall limit of 24 per cent of its paid-up capital, the RBI said.
Fortis Healthcare Redeems $100 Mn Foreign Currency Bonds
Business | Thursday May 21, 2015
Fortis Healthcare on Thursday said it has redeemed the outstanding $100 million foreign currency convertible bonds (FCCBs) listed on the Luxembourg Stock Exchange, on the due date.
Fortis to Sell RadLink Unit in Singapore for $83.5 Million
Business | Thomson Reuters | Saturday May 2, 2015
The deal will be completed on or about May 12, Fortis Healthcare said in a statement on Friday.
Fortis Sells Singapore Hospital for Rs 251 Crore
Business | Friday March 27, 2015
The company said that J P Morgan and Religare Capital Markets acted as financial advisors to Fortis for the transaction.
Fortis Healthcare Q3 Net Loss at Rs 22 Crore
Business | Friday February 13, 2015
Total income of the company rose to Rs 1,024.53 crore for the quarter, as against Rs 1,018.72 crore for the same period of previous fiscal, Fortis Healthcare Ltd said in a filing to the BSE.
Fortis Healthcare Group CFO Resigns
Business | Tuesday September 9, 2014
Hospital chain Fortis Healthcare on Tuesday said its group chief financial officer (CFO) Sandeep Puri has resigned from the company.
Fortis Healthcare posts profit after tax of Rs 32 crore in Q2
Business | Wednesday November 13, 2013
Fortis Healthcare n Tuesday posted a consolidated profit after tax of Rs 32 crore for the quarter ended September 30, 2013.
................................ Advertisement ................................
................................ Advertisement ................................
