Malaysia's IHH Healthcare Bhd has made a proposed offer for Fortis worth US$1.3 billion, while smaller local rival Manipal Health Enterprises Pvt Ltd, has made an offer of about $1.2 billion.
KUALA LUMPUR: IHH Healthcare Bhd
is not giving up on its bid to acquire Fortis Healthcare Ltd.
The company, in a filing with Bursa Malaysia today, said it had extended the acceptance period until May 29 for the Indian healthcare operator to consider its takeover offer.
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