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...
To continue reading this article, you must be a Premium subscriber...
A Premium membership gives you:
- Access to all premium articles including exclusives, analyses & commentary.
- Access to archives of over six years.
- Exclusive interviews with top fund managers, CEOs and bankers.