Religare Enterprises Ltd (RELG.NS)
22 Jun 2018
May 8 The board of India's Fortis Healthcare Ltd (FHL), which has received stake buy offers from five suitors, is due to meet on Thursday to consider the recommendations of the advisory panel. Fortis operates about 45 healthcare facilities in India, Dubai, Mauritius and Sri Lanka, according to its website. SRL Diagnostics (SRL) is the company's unit which provides diagnostic services in pathology and radiology. Here's a comparison of the various proposals: ** Ma
* SAYS NO DEFAULT AMOUNT PAYABLE TO RELIGARE FINANCE ANYMORE AS ON DATE Source text - http://bit.ly/2KwiVig Further company coverage:
(Corrects Fortis' PE ratio to 36.55 from 484 and that of Apollo to 39.52 from 72 in paragraph 16 in story from April 18)
* SAYS ASHOK MEHTA TO SERVE AS INTERIM CEO; HAS STEPPED DOWN AS INDEPENDENT DIRECTOR Source text: http://bit.ly/2HAo1LV Further company coverage:
Cash-strapped Fortis Healthcare Ltd said Fosun International Ltd has offered to invest up to $350 million, making the Chinese firm the fourth suitor aiming to tap soaring demand for private healthcare in India.
April 17 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.
Manipal Hospitals Enterprises Private Ltd raised its offer to buy rival Fortis Healthcare Ltd's hospital business by about a fifth in an attempt to win over minority shareholders opposed to the deal.
India's Manipal Hospitals Enterprises Private Ltd raised its offer to buy rival Fortis Healthcare Ltd's hospital business by about a fifth in an attempt to win over minority shareholders opposed to the deal.
* New offer values Fortis's hospitals at 60.61 billion rupees
April 10 India's Manipal Hospitals Enterprises Private Ltd said on Tuesday it had raised its offer to buy Fortis Healthcare Ltd's hospital business by 21 percent.