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MUNJAL BURMAN
Fortis board to meet on Friday to consider fund raisingThree directors - Harpal Singh, Sabina Vaisoha and Tejinder Singh Shergill- had resigned before the EGM.
IHH, Manipal-TPG final suitors for Fortis as Munjal-Burmans, Radiant-KKR back outThe Fortis board was reconstituted late in May after a group of minority shareholders objected to the way the bidding process was conducted.
Fortis tanks over 3% as Munjal-Burman backs outIHH Healthcare Bhd and Manipal Health Enterprises are left in the fray for acquisition of Fortis Healthcare, ET reported.
Fortis bid: Radiant-KKR back in raceKKR- backed PE firm Life Care submitted its expression of interest (EoI) on Thursday. Three other bidders include Manipal-TPG, IHH & the Mu...
Fortis shortlists 4 entities for business saleIn a regulatory filing, Fortis said it has received interest from various parties on May 31.
Munjals-Burman combine says yes to re-opening Fortis Healthcare bidding processFortis has been in the middle of a five-way bidding war with local and international suitors wanting to invest in the firm or buy it.
Truncated Fortis Board to consider all previous bidsIf the board decides to re-examine the bids, it would render infructuous the decision to recommend the Munjal-Burmans bid to shareholders f...
Review all bids: Yes Bank to FortisThis is the first time a key shareholder has decided not to take the Munjal-Burman offer as the final one. The fate of 4 board members of F...
After Manipal-TPG, IHH jumps back into race for Fortis HealthcareIHH's offer to infuse up to Rs7,400 crore into Fortis and acquire over 50% stake in the company is now valid until May 29, the company told...
With extended bid, IHH back in race for FortisIHH’s offer to invest up to Rs 7,400 crore in Fortis for over 50% stake is now valid until May 29, the company told the Malaysian stock exc...
Manipal-TPG raises offer after Fortis picks Munjal-BurmansThe consortium has now proposed to infuse Rs 2,100 crore into Fortis through a preferential allotment of shares at Rs 180 apiece, Fortis to...
Split Fortis Board didn’t heed its advisers on saleInvestors such as Eastbridge and Jupiter along with Rakesh Jhunjhunwala, representing 13% of the firm, have questioned the credibility of o...
Liquidity and certainty main reasons for choosing Munjal-Burman bid, says FortisThe board recommended the Munjal-Burman bid on Thursday as the best offer for the country's second largest hospital chain.
Fortis deal: Munjal-Burman to look into governance issue firstWe are minority shareholders ourselves and understand their concerns, says Munjal
The Hero of a cliffhanger: What went behind the battle for FortisLiquidity and certainty were the reasons that made the Fortis board of directors pick the offer proposed by Munjal and the Burmans.
Fortis stock drops 4%, rebounds on Munjal's commentsFortis board on Thursday okayed the buyout offer made jointly by Sunil Kant Munjal of Hero Enterprise and the Burman family.
Hero-Dabur emerge victorious in the battle for Fortis HealthcareThe offer, if approved by shareholders, would see the Munjal-Burman combine infusing a total of Rs1,800 crore into Fortis through preferent...
Our offer will be fastest to implement: Sunil Kant Munjal on Fortis bidMunjal of Hero Enterprise and the Burman family of the Dabur group upped their proposal to invest INR 1,800 crore from Rs1,500 crore direct...
Munjal-Burmans bat for level playing field in Fortis biddingFortis Healthcare yesterday said its board will meet on May 10 to take a decision on the binding bids for the company as recommended by the...
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...