Potentially stalled IHH-Fortis merger a blessing in disguise


Cash-strapped Fortis said IHH will invest 40 billion Indian rupees ($584.11 million) at 170 rupees per share.

Past issues threaten to put planned acquisition in disarray

DESPITE probably feeling snubbed, IHH Healthcare Bhd may just have actually got itself a blessing in disguise when the news broke that it is facing some hiccups to proceed with the plan to acquire Fortis Healthcare Ltd.

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Business , IHH Healthcare , TPG , Fortis , M&A , merger , acquisition

   

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