Malaysia’s IHH Hits Roadblock in Buying Indian Hospital Group Fortis

first_imgIHH Healthcare’s planned purchase of Indian hospital group Fortis Healthcare could be derailed depending on how a local court rules in response to Japanese drugmaker Daiichi Sankyo’s protest.Malaysia-based IHH said last month it will acquire Fortis for up to $1.1 billion. The plan is to acquire a majority stake through a combination of private placement and tender offer by the end of 2018.Read it at NAR Related Itemslast_img

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