IHH in battle for Fortis again


Prized asset: A Fortis hospital in New Delhi. IHH is currently the top bidder for Fortis, offering as much as 160 rupees (RM9.51) per Fortis share, according to the latest news reports. — Reuters

But concerns over Indian hospital operator’s legacy issues persist

THE battle to acquire Fortis Healthcare is heating up and it will be closely watched by the market given that the winner of this bid will control India’s second biggest healthcare provider.

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