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Fortis binding offers News

Fortis Healthcare

12 Jun 2018

Fortis Healthcare extends deadline for submission of binding bids to June 28

Last month, Fortis Healthcare had initiated a fresh time-bound bidding process for its sale after terminating the offer made by the Munjal-Burman combine.

Fortis Healthcare

28 May 2018

Munjals-Burmans combine give consent to re-open Fortis bidding process

The development comes at a time when there is an uncertainty over the process of sale of Fortis as four of the directors, who had approved the Munjals-Burmans bid, are no longer on the company's board.

Fortis Healthcare

11 May 2018

Fortis board opts for Munjal-Burman combine's bid

Fortis Healthcare had received binding offers from four entities - KKR-backed Radiant Life Care, IHH Healthcare, Manipal/TPG consortium, and Munjal and Burman family offices.

Fortis Healthcare Ltd

07 May 2018

Timeline: Fortis Healthcare bidding war - The story so far

Fortis has set up an advisory committee to evaluate binding offers from suitors vying to acquire the company, or take a stake in it.

01 May 2018

IHH Healthcare, Munjals & Burmans enhance offers for Fortis

Fortis Healthcare has already received binding offers from four entities - KKR-backed Radiant Life Care, IHH Healthcare, Manipal/TPG consortium, and Munjal and Burman family offices.

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