IHH Healthcare likely to make $685-787m binding offer to buy Fortis

IHH Healthcare likely to make $685-787m binding offer to buy Fortis

Photo: Reuters

Malaysia’s IHH Healthcare Bhd is likely to acquire control of Fortis Healthcare Ltd with a binding offer to buy at least 51% in the troubled Indian hospital operator for Rs 4,700-5,400 crore, two people aware of the bid details said.

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