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.
PETALING JAYA: The plunging Turkish lira is causing IHH Healthcare Bhd
pain.
The company, in a statement on Tuesday, said profit contribution from 60%-owned Acibadem Holdings, a leading healthcare provider based in Turkey, dropped by a quarter in the three months ended June 30 due to the unfavourable currency exchange rate.
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!
