PETALING JAYA: Fortis Healthcare Ltd’s offer to acquire all the shares it do not own in Parkway Holdings Ltd for S$3.2bil has raise the spectre of a bidding war with Khazanah Nasional Bhd.
“A potential bidding war is on the cards. We think this offer price is unattractive. Khazanah can easily trump Fortis’ offer, in our view,” Kim Eng Research Pte Ltd said.
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