Sebi asks IHH Healthcare to proceed with open offer for Fortis after HC permissionIHH Healthcare Managing Director and CEO Kelvin Loh had stated: "With the recent Supreme Court judgement ruling making clear that we have c...
17 Nov, 2022, 06.54 PM IST
IHH Healthcare says Fortis remains its main platform for growth in IndiaThe company, which acquired a 31.17 per cent stake in Fortis by infusing fresh capital of Rs 4,000 crore in November 2018, is currently wai...
13 Nov, 2022, 01.43 PM IST
IHH Healthcare reiterates its Fortis open offer commitmentThe statement comes ahead of a hearing in the Supreme Court of India on whether IHH, the largest shareholder in Fortis Healthcare, will be ...
09 Feb, 2021, 11.18 AM IST
Apex court to resume hearing of Daiichi’s petition todayThe Supreme Court will on Monday resume hearing Japanese drug maker Daiichi Sankyo’s petition seeking to enforce a Rs. 3,500 crore arbitrat...
03 Feb, 2020, 07.16 AM IST
Will proceed with open offer once SC stay is lifted: IHH on Fortis HealthcareIHH said that it is seeking appropriate legal advice on the matter.
18 Nov, 2019, 01.08 PM IST
TA, Warburg Pincus, ChrysCap shortlisted to buy stake in SRLIn the market, three PE firms in race make offers for acquiring up to 44% in SRL, valuing the diagnostics arm of Fortis at Rs 3,700-4,200 c...
18 Nov, 2019, 06.39 AM IST
IHH plans to sell two assets in South IndiaThe Malaysian healthcare giant has initiated talks to cash out of its 62.2% stake in Hyderabad-based Continental Hospitals and 74% in Globa...
23 Oct, 2019, 09.23 AM IST
PE firms NY Jacob Ballas, others start process to sell 31.5% in SRLIHH Healthcare, which had proposed to buy out PEs after its acquisition of Fortis, is facilitating transaction.
06 Jun, 2019, 11.37 PM IST
IHH picks up 31% stake in Fortis, appoints four board membersThe Competition Commission of India approved this deal earlier this month.
13 Nov, 2018, 11.33 PM IST
IHH CEO Tan See Leng to join Fortis boardIHH, which is taking charge of Fortis following a deal approved by the Competition Commission of India earlier this month, is expected to a...
13 Nov, 2018, 01.57 PM IST
IHH Healthcare gets CCI nod to acquire Fortis HealthcareUnder the deal, the Malaysian company will pick a 31% stake at Rs 170 per share aggregating Rs 4,000 crore.
31 Oct, 2018, 07.11 AM IST
Competition Commission of India approves IHH Healthcare's acquisition of FortisUnder the proposed deal IHH will pick up 31% stake at RS 170 per share aggregating to Rs 4,000 crore.
30 Oct, 2018, 07.56 PM IST
Scrips fall as Fortis-IHH deal spooks healthcare sectorAfter the completion of the deal, the IHH-Fortis group of hospitals will be among the biggest in the country, competing directly with some ...
14 Jul, 2018, 07.22 AM IST
Malaysia’s IHH, Temasek eye majority stake in MedantaIHH Healthcare, the world’s second-largest hospital chain by market value, is keen on becoming a strategic partner to Trehan, a well-known ...
06 Feb, 2018, 11.50 AM IST
IHH Healthcare pulls out of Fortis dealIHH has pulled out of its exclusive negotiations with the Singh brothers to acquire a controlling interest in Fortis Healthcare and Fortis ...
28 Jun, 2017, 11.34 AM IST
Fortis Healthcare plunges on IHH clarification on stake purchaseET had reported that IHH Healthcare Bhd will be buying a controlling stake in Fortis Healthcare.
23 Jun, 2017, 10.01 AM IST
Malaysia’s IHH Healthcare Berhad may acquire Global Hospitals in Rs 1,000-cr dealMalaysia's IHH Healthcare Berhad is set to acquire Global Hospitals Group, India's 4th largest healthcare network, in one of the biggest M&...
30 Apr, 2015, 11.17 AM IST