India's Fortis sells hospital business to Manipal, TPG Capital

India's Fortis sells hospital business to Manipal, TPG Capital

A file photo of Fortis founders Malvinder Singh (left) and Shivinder Singh: Mint

After months of intense negotiations, the board of Fortis Healthcare Ltd late on Tuesday night announced the sale of its hospital assets to Manipal Health Enterprises Pvt. Ltd and buyout firm TPG Capital.

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