Malaysia’s IHH Healthcare wins Fortis
IHH Healthcare beat TPG-backed Manipal Hospital Enterprises with its offer of an investment of Rs 4,000 crore at a price of Rs 170 per equity share.
IHH Healthcare beat TPG-backed Manipal Hospital Enterprises with its offer of an investment of Rs 4,000 crore at a price of Rs 170 per equity share.
As two more suitors walk out of the bidding war for Fortis citing financial irregularities, its future hangs in the balance.
The fight for India’s second-largest hospital chain is getting more complicated by the day. We look at the main contenders and what each brings to this battle.