IHH Healthcare Bhd (IHHH.KL)
June 1 India's Fortis Healthcare said on Friday its board would look at a new round of bids from four local and international parties, after shareholders opposed a previous board decision last month to accept an offer from a consortium.
* IHH HEALTHCARE BERHAD (REQUEST FOR TRADING HALT) Source text for Eikon: Further company coverage:
BENGALURU/MUMBAI Cash-strapped Indian hospital operator Fortis Healthcare Ltd said on Tuesday that two of its five suitors had boosted their bids to invest in the company as of a deadline for binding offers on Tuesday.
May 1 Fortis Healthcare Ltd (FHL), which runs about 30 hospitals in India, has become a target of a heated takeover battle, with five entities bidding for the embattled company.
May 1 India's Fortis Healthcare Ltd on Tuesday said it received a revised takeover proposal from Malaysia's IHH Healthcare Bhd.
April 25 Fortis Healthcare Ltd (FHL), which runs about 30 hospitals in India, has become a target of a heated takeover battle, with five entities bidding for the embattled company.
April 24 Malaysia's IHH Healthcare Bhd said on Tuesday it revised its offer to buy a stake in India's Fortis Healthcare Ltd, making a binding proposal for about a fifth of its offer value.
* REVISED PROPOSAL INCLUDES BINDING PROPOSAL WITHOUT ANY DUE DILIGENCE FOR IMMEDIATE INJECTION OF EQUITY OF 382.6 MILLION RGT INTO FORTIS
BRIEF-IHH Healthcare Says Issued Non-Binding Letter To Fortis To Infuse Up To INR 40 Bln Into Fortis
* ISSUED STRICTLY NON-BINDING LETTER TO BOARD OF FORTIS EXPRESSING IHH’S READINESS TO INFUSE UP TO INR 40 BILLION INTO FORTIS
* Fortis also has offers from Manipal, Indian businessmen (Adds Fortis board meeting date, analyst comment)