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News
Munjal-Burman bid
Munjal-Burman bid News
Fortis Healthcare
12 Jun 2018
Fortis Healthcare extends deadline for submission of binding bids to June 28
Last month, Fortis Healthcare had initiated a fresh time-bound bidding process for its sale after terminating the offer made by the Munjal-Burman combine.
Fortis Healthcare
28 May 2018
Munjals-Burmans combine give consent to re-open Fortis bidding process
The development comes at a time when there is an uncertainty over the process of sale of Fortis as four of the directors, who had approved the Munjals-Burmans bid, are no longer on the company's board.
Fortis Healthcare
11 May 2018
Fortis board opts for Munjal-Burman combine's bid
Fortis Healthcare had received binding offers from four entities - KKR-backed Radiant Life Care, IHH Healthcare, Manipal/TPG consortium, and Munjal and Burman family offices.
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