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Fortis Healthcare has sought approval from the Competition Commission of India to acquire an additional 31.52% stake in its diagnostics arm, Agilus, raising its shareholding to 89.2%. The deal, valued at ₹1,780 crore, involves buying stakes from private equity players. Additionally, Aquilo House Pte seeks approval to acquire a 26.47% stake in Aavas Financiers.
The Economic Times

The Economic Times

Fortis seeks CCI nod to buy 31.52% more in diagnostics subsidiary Agilus

Fortis Healthcare has sought approval from the Competition Commission of India to acquire an additional 31.52% stake in its diagnostics arm, Agilus, raising its shareholding to 89.2%. The deal, valued at ₹1,780 crore, involves buying stakes from private equity players. Additionally, Aquilo House Pte seeks approval to acquire a 26.47% stake in Aavas Financiers.

Mon, Sep 9, 2024

He was appointed Group Chief Executive Officer of IHH Healthcare on October 1, 2023.
The Economic Times

The Economic Times

Fortis designates Prem Kumar Nair as Vice-Chairman

He was appointed Group Chief Executive Officer of IHH Healthcare on October 1, 2023.

Fri, Jul 5, 2024

Fortis Healthcare, Apollo Hospitals, Medanta, and Max Healthcare are among companies interested in acquiring Jaypee Healthcare, a subsidiary of Jaypee Infratech in Noida with a total debt of about Rs 1,000 crore.
The Economic Times

The Economic Times

Fortis, Apollo, Medanta, and Max lead the charge in bidding war for Jaypee Healthcare

Fortis Healthcare, Apollo Hospitals, Medanta, and Max Healthcare are among companies interested in acquiring Jaypee Healthcare, a subsidiary of Jaypee Infratech in Noida with a total debt of about Rs 1,000 crore.

Sun, Jun 16, 2024