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RADLINK ASIA
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.- The bid for Fortis may get hostileIn the ongoing tug off war between these deep-pocket bidders — IHH and TPG — the proposed valuation may shoot up well beyond Rs 185 a share.
- Race for Fortis: IHH may file binding offer before April 25IHH has already submitted its non-binding expression of interest to the board at a valuation of Rs 160 per share, offering to infuse Rs 4,0...
- Fortis Healthcare Q3 net loss at Rs 55 croreFortis Healthcare today reported a net loss of Rs 55.25 crore for the third quarter ended December 31, 2015.
- Fortis posts Q1 net profit of Rs 87.28 croreIt had posted a net loss of Rs 45.80 crore for the same period of last fiscal, Fortis Healthcare said in a statement.
- 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 sells Singapore hospital for SGD 55 millionFortis Healthcare today sold its Singapore hospital to Concord Medical Services (International) Pte Ltd for SGD 55 million (approx Rs 251 c...
- Sensex rangebound, Nifty below 8650 levels; top 10 stocks in focusSensex was trading in a range with a negative bias on Monday, led by losses in HDFC, ICICI Bank, RIL, NTPC and Bharti Airtel.
- Sensex starts on a cautious note, Nifty turns choppy; Ten stocks in focusSensex started on a cautious note on Monday following muted trend seen in other Asian markets and was trading in a range with a positive bi...
- CCS upsets Fortis’ RadLink sale plan to Medi-Rad AssociatesFortis said it will explore other “value unlocking opportunities” for RadLink, a provider of outpatient diagnostic imaging, nuclear medicin...
- Singapore competition watchdog rules against proposed Fortis deal"...the regulator, Competition Commission of Singapore, has indicated that if the proposed transaction is completed as contemplated, the co...
- Singapore authority seeks more detailed review of Fortis dealThe merger will accordingly proceed to Phase II review, upon CCS's receipt of the relevant documents from the parties, CCS said.
- Fortis to invest money from foreign asset sale in India: Malvinder SinghHealthcare major Fortis plans to utilise the money earned from selling overseas businesses to strengthen the balance sheet and invest those...
- Sensex under pressure, Nifty below 8,050; top ten stocks in focus50-share Nifty index also slipped below its crucial psychological level of 8050, weighed down by losses in banks, capital goods, IT, metal ...
- Fortis Healthcare rallies nearly 12%, hits 52-week high after company sells stake in subsidiaryFortis Healthcare informed BSE that the Board of its Singapore subsidiary has decided to divest 100% shareholding in RadLink-Asia Pte Limit...
- Twelve stocks in focus in Monday morning tradeIndian markets are expected to trade in a range. Here is a list of twelve stocks which are likely to be in focus today.
- Analysts bullish on Fortis Healthcare after massive restructuringSince Fortis Healthcare has done major de-leveraging in 2013-14, the interest cost in the first quarter was down by 74% y-o-y.
- Fortis Healthcare to open SGD 70 million cancer hospital in SingaporeFortis Healthcare said it will shortly be opening a SHD 70 mn (nearly Rs 308 crore) super speciality cancer hospital in Singapore.
- Fortis Healthcare invests SGD70 million in 2 Singapore healthcare venturesIndian healthcare group Fortis is investing SGD 70 million (about Rs 274 crore) in two colorectal centres in Singapore this year, a report ...
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