Why Manipal is keen on making Fortis deal happen

By Ranjani Raghavan

  • 25 Apr 2018
Premium
Credit: Reuters

Ranjan Pai, the founder of Manipal Health Enterprises Pvt. Ltd, was quite clear when he initially proposed to acquire Fortis Healthcare Ltd – his firm would not rival competitors in making "irrational bids".However, since making that first bid in March which valued Fortis at around Rs 140 per share, the ......

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