Tuesday 13 March 2018

Fortis Healthcare Climbs Over 4% As Stake Buy Race Hots Up

Fortis Healthcare BSE 4.39 % climbed 5 per cent on Wednesday morning after reports that Malaysia’s IHH Healthcare is set to launch a voluntary open offer to buy non-promoter shares in the next few days. The stock was 4.52 per cent higher at Rs 159.40 on the BSE. 
The proposed open offer comes nine months after IHH walked out of bilateral negotiations with promoters Malvinder and Shivinder Singh, who were then in control.For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774

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