Fortis acquisition set to make IHH second biggest hospital group in India


IHH Healthcare Bhd, a unit of sovereign wealth fund Khazanah Nasional Bhd, is set to be India’s second largest private hospital chain operator if its plan to acquire the country’s Fortis Healthcare Ltd materialises.

The group could likely record strong inorganic growth in India and gain synergistic benefits, if it successfully wrests the control of Fortis, which is the country’s second largest private hospital chain currently.

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