Profit

Fortis exits Parkway race

PUBLISHED ON: July 26, 2010 | Duration: 2 min, 48 sec

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Fortis Healthcare has agreed to sell its entire 25.37 per cent stake in Singapore's Parkway to rival Malaysia's Khazanah for an estimated about Rs 3,800 crore, thus ending the much anticipated bidding war for control over Parkway.
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