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Business News/ Companies / Fortis denies report on Wockhardt Hospitals
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Fortis denies report on Wockhardt Hospitals

Fortis denies report on Wockhardt Hospitals

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New Delhi: Fortis Healthcare Ltd said that a report that it may buy a stake in Wockhardt Hospitals Ltd was speculative and it hasn’t agreed to purchase any company.

Fortis is evaluating acquisition opportunities to expand its network of hospitals, the New Delhi-based company said in a statement to the Bombay Stock Exchange today.

‘The Economic Times’ reported on 31 March that Fortis may purchase as much as 74% of Wockhardt Hospitals for about Rs750 crore.

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Published: 02 Apr 2009, 10:23 PM IST
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