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Fortis Promoters Fund $665M Acquisition Of Their Private Firm

BY  Vivek Sinha
Singh brothers join Mukesh Ambani, among other biz tycoons, to fund a public-listed firm to buy their own firm.

GIC-backed Fortis Healthcare (India) Ltd has completed the $665 million acquisition of Fortis Healthcare International Pte, a privately held firm representing overseas healthcare services business owned by its promoters Malvinder and Shivinder Singh.

Public-listed Fortis Healthcare (India) disclosed...

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