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Fortis Healthcare in talks with investors for SRL

Fortis Healthcare on Friday said it is in talks with a number of investors to facilitate an exit by the existing PE investors from the company's diagnostic arm SRL.


Fortis Healthcare in talks with investors for SRL

New Delhi: Fortis Healthcare on Friday said it is in talks with a number of investors to facilitate an exit by the existing PE investors from the company's diagnostic arm SRL.

"The company is in the process of facilitating a third-party exit for the existing private equity investors in SRL Ltd," Fortis Healthcare said in a filing to BSE.

The process is on and the company is in dialogue with a number of investors who have evinced interest, it added.

"As on date, there is no firm proposal under consideration of the management," Fortis Healthcare said.

It, however, did not elaborate.

The stock of Fortis Healthcare today closed at Rs 174.90 on BSE, up 11.72 per cent from its previous close.

 

From Zee News

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