Malaysia's IHH Healthcare joins Fortis race, offers up to Rs 160 per share
The offer from IHH Healthcare comes a day after Sunil Kant Munjal-led Hero Enterprise Investment Office and Burman Family Office offered to invest Rs 12.5 billion in the healthcare chain Reply To News Clarification
This is with reference to your mail dated today and the recent news item which appeared in The Economic Times on April 12, 2018, captioned " IHH to counter TPG-Manipal''s bid for Fortis Healthcare.' In this regard, we confirm you that on 11/04/2018 the Board of Directors of the Company have received an unsolicited non-binding expression of interest from IHH Healthcare Berhad for possible due diligence and participation with the Company.... Clarification sought from Fortis Healthcare Ltd
The Exchange has sought clarification from Fortis Healthcare Ltd with respect to news article appearing on www.economictimes.com - April 12, 2018 titled "IHH to counter TPG-Manipal's bid for Fortis Healthcare" The reply is awaited. Now, Munjals, Burmans offer 1,250 cr for Fortis
Sunil Munjal-owned Hero Enterprise Investment and the Burmans of Dabur India have joined hands to bid for Fortis Healthcare Ltd (FHL), offering 1,250 Sub: Regulation 30 Update
It is herewith informed to you that Fortis Healthcare Limited ('the Company') today i.e. April 12, 2018 has received an unsolicited binding offer from Hero Enterprise Investment Office ('Hero' or 'Munjals') and Burman Family Office ('Burmans') with a proposal to invest INR 1,250 crores into the Company through Preferential Allotment Route (i.e. Rs. 500 Crore binding offer immediately and Rs. 750 Crore post diligence to be completed within three weeks),... Revision in Credit Rating(s)
Fortis Healthcare Ltd has informed BSE regarding "Revision in Credit Rating(s)". Revision in Credit Rating(s)
Fortis Healthcare Ltd has informed BSE regarding "Revision in Credit Rating(s)". Fortis minority shareholders' concerns addressed: Manipal's Pai
Shadow of Daiichi Sankyo taking Singh brothers to court still looms Announcement under Regulation 30 (LODR)-Credit Rating
With reference to the provisions of the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, it is hereby informed that there has been a change in the credit ratings by 'ICRA Limited' of the Company and following subsidiaries- M/s. Escorts Heart Institute and Research Centre Limited, M/s. Fortis Hospitals Limited and M/s. Hiranandani Healthcare Private Limited.... Sub: Regulation 30 Update
Dear Sir(s), This is in furtherance to our intimation made, vide our letter reference no. FHL/SEC/STEX/RR/2017-18 dated March 27, 2018, to the stock exchanges w.r.t outcome of the Board Meeting held on March 27, 2018, it is herewith informed to you that the Company today i.e. April 10, 2018 has received an unsolicited binding offer, revising the earlier construct of the scheme and/or transaction, from Manipal Health Enterprises Private Limited....