Gold Silver Reports – Fortis Healthcare Sahre Price Surges On Report IHH Likely To Take Control – Shares of the country’s second largest hospital chain operator rose as much as 3.8 percent to Rs 143.80 as IHH is likely to take control of Fortis Healthcare, Mint reported citing two unidentified people aware of the matter.
IHH Healthcare Bhd. has offered Rs 4,700-5,400 crore to buy at least 51 percent stake in the hospital. IHH Healthcare outbid TPG-backed Manipal Health Enterprises by placing a higher per share offer for the promoters, the report added. – Neal Bhai Reports
