PETALING JAYA: There is a likelihood that IHH Healthcare Bhd’s proposed acquisition of Fortis Healthcare Ltd could still proceed if the former can persuade and convince the latter of a value-enhancing proposition, although it is off the table for now.
IHH, South-East Asia’s largest hospital operator, yesterday announced that the proposed acquisition of Fortis, India’s second-largest healthcare provider, was off for now because Fortis was unable to engage with it.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!