New Delhi: Fortis Healthcare on Saturday said the Supreme Court ordering a status quo on its deal with IHH Healthcare Berhad does not impact the company’s 31.1% stake sale to the Malaysian firm. On Friday, the Supreme Court had ordered status quo with regard to the sale of controlling stakes of Fortis to IHH Healthcare Berhad by former Ranbaxy promoters …
A letter of the offer to Fortis shareholders was submitted to the bourses New Delhi: The open offer by Malaysian firm IHH Healthcare Berhad to acquire additional 26 percent stake in Fortis Healthcare will commence on 18 December and close on 1 January 2019, a regulatory filing by managers of the offer said. A letter of the offer to Fortis …