Fortis stake sale: Board of directors agree to form independent panel to evaluate all proposals
Fortis has received an improved binding offer from Hero Enterprise Investment Office and Burman Family Office to invest Rs 1,500 crore directly in the company.
Apr 19, 2018, 17:14 PM IST
Fortis board approves demerger of its hospital biz
Manipal Hospitals, part of Manipal Education and Medical Group (MEMG), is owned by Dr Ranjan Pai and has been backed by TPG, a leading global alternative asset firm and experienced healthcare investor since 2015.
Mar 28, 2018, 14:47 PM IST
Fortis Healthcare shares dive 11% on hospital biz demerger
The stock, after making a weak opening, cracked 9.96 percent to Rs 128.25.
Mar 28, 2018, 12:19 PM IST
Fortis Healthcare gets unsolicited offer from Manipal Health
Fortis board was reportedly expected to meet Manipal Health for approving the proposed merger.
Mar 27, 2018, 13:57 PM IST
