(Corrects spelling in second paragraph and removes Friday in paragraph 1)
April 20 (Reuters) - The takeover battle for cash-strapped Indian hospital operator Fortis Healthcare intensified with Radiant Life Care Private Ltd, the fifth suitor, entering the fray on Thursday.
In the non-binding offer, Radiant Life has proposed to make an investment and/or re-structure Fortis Healthcare, Fortis said in a statement.
Separately, Fortis Healthcare said earlier it would set up an advisory committee to evaluate binding offers from suitors lining up to buy the company or take a stake. (Reporting by Subrat Patnaik in Bengaluru; Editing by Gopakumar Warrier)