Malaysia’s IHH gives Indian healthcare a shot in the arm

Fighting off fierce competition from international competitors, IHH emerged victorious in the bruising battle to take control of Fortis Healthcare. Will the largest hospital takeover in India cure the ailing Fortis?

Andrew Wright

July 13, 2018

Following months of intense negotiations, private healthcare provider Fortis Healthcare has accepted a $582 million offer for a 31.1% stake from Malaysia’s IHH Healthcare, triggering a mandatory cash open offer for a further 26% equity interest in the beleaguered Indian healthcare giant.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.