IHH revises upward takeover offer for India's Fortis


IHH, South-East Asia

PETALING JAYA: IHH Healthcare Bhd, the largest healthcare group in Asia, has sweetened its takeover offer for India’s second largest private hospitals operator, Fortis Healthcare Ltd.

IHH said in a filing with Bursa Malaysia that it has issued an enhanced revised proposal letter to the board of Fortis on May 1, to reiterate IHH’s seriousness and commitment to an investment in Fortis.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Business , IHH , Fortis , takeover , offer , shares , India , healthcare ,

   

Next In Business News

Trading ideas: Sime Plantation, Sapura Energy, Power Root, OCK, Pekat, Yinson, Mobilia, Siab, Ireka
Loan growth of 7% for CIMB
Awantec to bank on synergistic offerings
Dayang on course for strong performance this year
KLK takes swift action to address labour report
Semiconductor industry offers chance for growth
Tasco’s diversity provides strong growth prospects
FBM KLCI’s bullish momentum
OCK in Laos tower leasing agreement
Ministry and Mida ink human development deal

Others Also Read