IHH may merge existing India hospital portfolio with Fortis HealthcareThe Fortis Open Offer is expected to commence in August / September 2018 subject to certain conditions, including customary regulatory appr...
Will IHH Healthcare's acquisition of Fortis nurse it out of ICU?With its own mixed track record in India, the coup can easily turn into a winner’s curse for IHH.
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 ...
IHH set to win Fortis, values it at Rs 9,335 croreThe IHH offer outbids the only other competing offer on the table from Manipal Hospitals-TPG expected at Rs 160-165/share.
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.
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 ...
IHH leads race to acquire Singh brothers’ healthcare operationsIHH is competing with a private equity consortium of TPG and General Atlantic to acquire controlling stakes in both Fortis Healthcare and F...
Khazanah unit offloads its entire stake in Apollo Hospitals for Rs 850 crIHH is likely to use the funds for buying hospital assets in India, a strategy that annoyed Prathap Reddy family, the promoters of Apollo H...
Amid rift, Malaysia's IHH Healthcare sells 6% shares in Apollo HospitalsThe shares were sold at Rs.1,268 apiece. DB International Asia, one of the buyers, bought 39.26 lakh shares, according to exchange data.
Malaysia's IHH sells part of its stake in ApolloIHH put up 6% or 84.39 lakhs shares of Apollo Hospital for sale on Friday at a price between Rs 1267 to Rs 1320, according to a term sheet ...
Continental Hospitals' founders try to stall rights issue by IHHThe founders have stated in their petition that the proposed rights issue amounted to forcing the minority holders to buy shares, violating...
Malaysia's IHH open to hiking stake in Apollo Hospitals: Tan See LengTan See Leng, MD and CEO of IHH, said in an interview that the company is “open“ to increasing its strategic investment of 10.8% held in Ap...
Apollo’s clinic arm plans to raise up to Rs 500 crore from PE cosApollo Health and Lifestyle Ltd, a subsidiary of Apollo Hospital, is looking to raise Rs 300-500 crore funding from private equity player.
IHH Healthcare's acquisition spree irks Apollo Hospitals promotersThe Reddys are said to have expressed displeasure more than once, including communicating this to the IHH management soon after the Contine...
Parkway Holdings to buy Global Hospitals for Rs 1,284 croreAs part of this transaction, IHH will use Rs 265 crore to fund the hospital chain's capex requirements and to optimise its current cost of ...
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&...
Hyderabad’s Continental Hospitals Get a Rs 282 crore pep pill from ParkwayParkway is owned by Malaysia's IHH Healthcare, which also holds over a 10 per cent in India's largest hospital chain, Apollo Hospitals.