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PTI
May 18, 2018
Malaysian firm IHH Healthcare Berhard on Thursday said it has extended the acceptance period of its enhanced revised proposal for Fortis Healthcare to May 29 after which it shall lapse.


PTI
May 17, 2018



Joe C Mathew
New Delhi, May 15, 2018
The bidding war has raised the value of each Fortis share nearly 50% from the lowest offer of Rs 126 per share to Rs 185 per share. So what makes Fortis so valuable?


BusinessToday.In
New Delhi, May 14, 2018
Five of the eight members of the FHL board who voted for the joint offer from the Munjal-Burman combine not only went against the recommendations of financial advisers Arpwood Capital and Standard Chartered Bank (SCB), but also that of legal adviser Cyril Amarchand Mangaldas.


BusinessToday.In
May 14, 2018
The much-wooed Fortis Healthcare (FHL) may have selected a suitor at last, but the happily-ever-after bit is still a long way off.


PTI
May 11, 2018



BusinessToday.In
May 11, 2018
In a meeting held on Thursday, the Fortis Board decided by majority to recommend the revised offer of Hero Enterprise Investment Office-Burman Family Office made on May 1 for an upfront equity infusion of Rs 800 crore at a price of Rs 167 per share through preferential allotment, Fortis Healthcare said.


PTI
May 10, 2018



BusinessToday.In
New Delhi, May 11, 2018
Without disclosing in detail their vision for Fortis, Dabur's Anand Burman said that they have very explicit plans for the first 30 days, 100 days and 365 days for the company.


BusinessToday.In
New Delhi, May 10, 2018
It's a big day for Fortis Healthcare Limited (FHL). Having played the belle of the ball over the past few weeks - with its suitors aggressively competing against each other and repeatedly sweetening their bids for the healthcare major - the company is scheduled to pick a winner today.


PTI
May 9, 2018



Reuters
May 8, 2018
Manipal on Sunday sweetened its bid for Fortis, offering to inject Rs 2,100 crore to help the ailing hospital operator meet its immediate cash needs, a move that Pai said was risky because Fortis is embroiled in a regulatory investigation that is clouding its prospects.


PTI
May 7, 2018



BusinessToday.In
May 6, 2018
In the new offer, Manipal-TPG has valued Fortis at Rs 8,358 crores and shown interest to invest Rs 2,100 crore into Fortis at a share price of Rs 160. Earlier, Manipal-TPG had valued FHL at Rs 6,322 crore.


PTI
May 5, 2018
Arpwood Capital Pvt Ltd is an investment banking firm engaged in providing merger, acquisition and capital raising advisory services.


BusinessToday.In
April 30, 2018
On Saturday, Fortis decided to extend the deadline for all binding bids from the interested buyers till May 10, 2018. In a filing to BSE, the board said that the two-member Expert Advisory Committee will only consider evaluating all binding bids received by the firm till 12:00 noon on May 1.


PTI
New Delhi, April 28, 2018
Terming Fortis Healthcare as \"a very attractive asset\", its single largest shareholder Yes Bank today exuded confidence of a sound resolution with a good valuation, and end of the management crisis plaguing the corporate hospital chain.


PTI
April 28, 2018



BusinessToday.In
April 28, 2018
So far, four entities -- KKR-backed Radiant Life Care, Malaysia-based IHH Healthcare, Manipal-TPG consortium and Munjal and Burman family offices -- have given their binding offers for the Fortis Healthcare.


PTI
April 28, 2018



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