Gold Silver Reports (GSR) – Fortis Healthcare Rises As TPG Said To Near $1.1 Billion Deal — Shares of the Delhi-based hospital chain operator rose as much as 3 percent to Rs 147.85 after a consortium led by TPG is nearing an agreement to gain control of Fortis Healthcare, Bloomberg reported citing people with knowledge of the matter.
The investor group, which also includes Manipal Health Enterprises, could announce a deal as soon as the next few days, the report added citing people, who asked not to be identified because the information is private.