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FORTIS STAKE SALE
KKR eyes at least $1 billion stake in Medicover's India hospital arm, source saysGlobal investment firm KKR is in advanced discussions to acquire a significant stake in Medicover's Indian hospital operations. The deal is...- Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
- After 50 hearings, court reserves judgement in Daiichi-Fortis caseThe Delhi High Court has reserved its judgment in a significant arbitration case. Japanese drug maker Daiichi Sankyo is seeking to enforce ...
- Kerala’s healthcare gold rush: How private equity is reshaping hospitals and raising fears over costsPrivate equity funds are pouring hundreds of millions of dollars into Kerala’s healthcare sector, reshaping a system long dominated by inde...
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- SC refuses interim order on sale of Fortis shares to Malaysian firm; final hearing on Feb 26A bench comprising Chief Justice Ranjan Gogoi and Justice Sanjiv Khanna said that it would accord final hearing in the case on Feb 26.
- SC order does not impact 31.1% stake sale to IHH Healthcare: FortisFortis also clarified that it was not a party to the judicial proceedings in which the SC order has been passed.
- Fortis arm sells 15 lakh shares in RHT to FHILFHIL is a wholly-owned subsidiary of Fortis Healthcare Ltd (FHL).
- Our offer will give Fortis cash in 45 days, say Hero Group's Munjal, Dabur’s BurmansThe Munjal and Burman family offices are jointly competing with a consortium of Manipal, TPG and IHH Healthcare Bhd to acquire stake in For...
- Sebi, SFIO probes will not hit Manipal deal, says Fortis CEOThe Securities Exchange Board of India and Serious Fraud Investigation Office are probing an alleged misappropriation of funds and related-...
- Daiichi writes to regulators to block Fortis stake sale talksDaiichi wrote to the Securities & Exchange Board of India, the Reserve Bank of India, the BSE and the National Stock Exchange about alleged...
- SC declines permission to banks to sell pledged Fortis sharesThe promoter entities had sought clarity on whether the order applied to pledged shares in Fortis as well.
- Daiichi moves Supreme Court to block Fortis saleDaiichi’s latest petition says the company would face “irreparable loss” unless the SC took steps to prevent “violation” of specific orders...
- Daiichi moves to block Fortis stake sale againThe move by Daiichi Sankyo comes as the Singh brothers are reportedly in talks to sell a large stake in their company Fortis Healthcare — a...
- Fortis Healthcare surges 4% on stake sale reportsShares of Fortis Malar Hospitals rose 8.63 per cent to hit a high Rs 83.70. Fortis Hospitals held 63.03 per cent stake in the company as of...
- Fortis completes 100% stake sale in RadLink for Rs 530 croreFortis Healthcare said it has received "the sum of SGD 111 mn from the sale of its Singapore based RadLink-Asia and its subsidiaries to Ful...
- Fortis Healthcare to sell RadLink for over Rs 530 crore to Fullerton HealthcareFortis Healthcare announced its decision to divest 100% shareholding in RadLink-Asia and its subsidiaries, the company said in a statement.
- Fortis Healthcare sets up committee to comply with SEBI normsFortis Healthcare said its board has formed a committee to evaluate options to comply with the minimum public shareholding requirement guid...
- Fortis shareholders reject sale to BNP ParibasShareholders of bailed-out bank Fortis have rejected the sale of the business to France's BNP Paribas.
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