IHH Healthcare set to seal deal for Fortis, SRL stake3 min read . Updated: 20 Jun 2017, 02:32 AM IST
IHH Healthcare to buy 26% stake in Fortis from Malvinder and Shivinder Singh; both sides agree to a combined $2.9 billion valuation for Fortis and SRL Diagnostics
IHH Healthcare Bhd, Asia’s largest private hospital operator, is set to buy a controlling stake in Fortis Healthcare Ltd and SRL Diagnostics from billionaire brothers Malvinder and Shivinder Mohan Singh in a deal that values the two companies at close to $2.9 billion, two people directly aware of the development said.
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