Malaysia’s IHH Healthcare wins over India’s Fortis with $1.1b takeover bid

Photo: Reuters

Putting an end to a long-drawn takeover battle, Malaysia’s IHH Healthcare Bhd has emerged as the preferred bidder to take over 31.1 per cent controlling stake in India’s Fortis Healthcare Ltd for $582 million or Rs 170 per share, it said in an announcement today.

Continue reading this story with a subscription to DealStreetAsia.


Should your colleagues be reading this article too? Contact us for corporate subscriptions at