Fortis Healthcare Ltd. - Board Meeting-Outcome of Board Meeting

Dear Sir(s),

Reference is made to the Transaction Process Letter dated May 29, 2018, and the stock exchange notifications related thereto made by the Company dated June 11, 2018, June 28, 2018 and July 3, 2018.

This is to inform you that pursuant to the Transaction Process Letter and the subsequent stock exchange notifications related thereto made by the Company, the Company received two Binding Bids from the TPG-Manipal Consortium and IHH Healthcare Berhad.

The Board of Directors at its meeting held today, deliberated on both the binding offers made by IHH Healthcare Berhad and the TPG/ Manipal consortium and received inputs from the financial advisors viz. Standard Chartered Bank and Arpwood Capital and legal advisors- Luthra and Luthra Law Offices and Cyril Amarchand Mangaldas.

Pdf Link: Fortis Healthcare Ltd. - Board Meeting-Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on July 13, 2018

Related

This article is closed for comments.
Please Email the Editor