In February last year, Fortis had announced that it has entered into definitive agreements with RHT to acquire entire portfolio of assets of the Singapore-listed entity for an enterprise value of ₹4,650 crore.
1 min read15 Jan 2019According to the terms set by Fortis Healthcare's board, the acquirer has to pay Rs4,600 crore to buy RHT Holdings and also buy out private equity investors in SRL Diagnostics
2 min read21 May 2018Fortis Healthcare said 98.32% of the shareholders, who participated in the process, approved the acquisition of RHT Health Trust assets, while 1.67% voted against it
1 min read5 May 2018Fosun puts up an unsolicited non-binding offer to the board of Fortis Healthcare to acquire its hospital assets
2 min read18 Apr 2018In other news, National Insurance (NIC), Oriental Insurance (OIC) and United India Insurance (UII) are likely to kickstart merger process from 16 February
2 min read14 Feb 2018Malvinder Singh steps down as non-executive chairman of Religare Enterprises, Fortis Healthcare offers to buy assets of its Singapore-listed RHT Health Trust
2 min read16 Nov 2017Fortis Healthcare board approves proposed acquisition of entire portfolio of Singapore-listed RHT Health Trust (RHT) for an enterprise value of around Rs4,650 crore
1 min read15 Nov 2017Fortis Healthcare is considering making an offer for all the units it doesn't already own in RHT Health Trust, which has a market value of $520 million
3 min read27 Mar 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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