Healthcare
Fortis board terminates Munjal-Burman offer, invites fresh bids
29 May 2018
Fortis will provide access to data comprising information on finances, litigation and update on pending investigation to new bidders while also allowing the three original bidders to participate in the process
EGM may decide successful bidder for Fortis Healthcare
22 May 2018
Three directors nominated by promoters quit the company's board a day ahead of EGM on May 22 amidst talks of an MCA-initiated probe into the working of the company
Jharkhand to get an AIIMS hospital at Deoghar
16 May 2018
Manipal-TGP steps in again with sweetened offer for Fortis Healthcare
15 May 2018
After Fortis Healthcare announced last week it planned to accept an offer from Hero Enterprise Investment Office and the Burman Family Office, the Manipal-TGP combine has stepped in again with an offer of Rs180 per share
Fortis Healthcare accepts investment offer of Rs. 1,800 cr from Hero-Burman
11 May 2018
It is unclear as to who will run the hospital chain, as neither Dabur nor the Hero group have any previous experience in managing hospitals, unlike rival hospital group or Manipal TPG, Radiant LifeCare or Malaysia's IHH, all of whom were in the fray for Fortis
After IHH and Hero-Burman, Manipal-TPG too sweetens offer for Fortis
07 May 2018
Manipal Health Enterprises, backed by US PE firm TPG, has revised its offer for Fortis Healthcare, now proposing a merger of both entities in a three-step deal that values the Fortis at Rs8,358 crore or around Rs160 per share
