Updates on Acquisition
This is in continuation to our letter dated 14.11.2017 wherein the Company had informed about entering into a term sheet in relation to the proposed acquisition by the Company and/or its subsidiaries of the equity and financial securities, in the relevant Indian entities under RHT Health Trust of, International Hospital Limited and Fortis Health Management Limited from the wholly-owned subsidiaries of RHT. As per the agreed Term Sheet the parties... Statement Of Investor Complaints For The Quarter Ended On December 31, 2017.
Please find enclosed the Statement giving the number of investor complaints pending at the beginning of the quarter, those received during the quarter, disposed of during the quarter and those remaining unresolved at the end of the quarter ended December 31, 2017, as received from the Registrar and Transfer Agent, pursuant to Regulation 13(3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.... Shareholding for the Period Ended December 31, 2017
Fortis Healthcare Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2017. For more details, kindly Click here Fortis weighs options to raise Rs 5,000 crore
Fortis has a market value of about $1.3 billion. Clarifies on News Item
With reference to news appeared in CNBC TV18 dated January 05, 2018 quoting "Fortis Healthcare in talks with PE firm to sell stake", Fortis Healthcare Ltd has submitted to BSE a copy of Clarification is enclosed. Clarification sought from Fortis Healthcare Ltd
The Exchange has sought clarification from Fortis Healthcare Ltd on January 05, 2018 with reference to news appeared in CNBC TV18 dated January 05, 2018 quoting "Fortis Healthcare in talks with PE firm to sell stake".The reply is awaited. Dengue death: Gurgaon Fortis' blood bank, pharmacy licences suspended
The hospital has been barred from selling drugs and medicines on its premises Healthy margins elusive for health care business
Fortis, recently accused of overcharging patients by 25 to 1,208% on items used in certain treatments, reported a loss last year Twin tragedies underline rot in healthcare
Twin tragedies underline rot in healthcareWhile the human tragedies in both the Max and Fortis cases pricked the conscience of the society, the repercussions of the two incidents are likely to spill over to the year ahead.
Deals Buzz: Daiichi writes to regulators to block Fortis stake sale talks
In other news, China's Geely Holding is buying an 8.2% stake in Swedish truck maker AB Volvo from activist investor Cevian Capital for around $3.3 billion