Fortis Healthcare has accepted an investment offer from Malaysia’s IHH Healthcare Bhd, capping a months-long bidding war for control of the firm, reported Mint.
IHH will be investing Rs 4,000 crore at Rs 170 per share in Fortis that operates about 30 private hospitals in India.
Fortis Healthcare had received 2 binding proposals from IHH and TPG-Manipal consortium . . .
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