Reuters logo
BUZZ-Fortis Healthcare falls; Integrated Healthcare pulls out of deal
June 23, 2017 / 4:19 AM / 3 months ago

BUZZ-Fortis Healthcare falls; Integrated Healthcare pulls out of deal

** Shares of Fortis Healthcare Ltd down as much as 8.3 pct at 181.55 rupees; post biggest intraday pct loss in over seven months

** Malaysia's Integrated Healthcare Holdings said it is not engaged in any negotiations in India currently, according to a regulatory filing to Singapore, Malaysian stock exchanges on Thursday bit.ly/2tAwLrt

** Media had earlier reported Integrated Healthcare was eying controlling stake in Fortis Healthcare, SRL Diagnostics in a deal which valued the two companies at nearly $2.9 bln

** Up to Thursday’s close, Fortis stock up 22.8 pct in 12 months

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below