April 17, 2018 / 6:27 PM / 7 months ago

Fosun offers to invest up to $350 mln in India's Fortis Healthcare

April 17 (Reuters) - India’s Fortis Healthcare Ltd , the target of two rival takeover bids, has received an unsolicited offer from Chinese conglomerate Fosun International for an investment of up to $350 million.

The offer is valued at 156 rupees ($2.38) per Fortis share, Fortis said on Tuesday.

Malaysia’s IHH Healthcare Bhd and India’s Manipal Health Enterprises Private Ltd are seeking to acquire Fortis. ($1 = 65.6600 Indian rupees) (Reporting by Rama Venkat Raman in Bengaluru; Editing by Sai Sachin Ravikumar)

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