fortis

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?
July 13, 2018

Singh brothers lift shareholding in Religare

The founders of Religare Enterprises launch an open offer to minority shareholders as part of a plan to increase their stake in the Indian financial services firm to 85%, shortly after a failed bid for Parkway Hospitals.
August 25, 2010

Ping An to invest in Shenzhen Development Bank

The Chinese insurance giant moves nearer to its goal of becoming an integrated financial services company, and gives private equity investor Newbridge Capital an exit route.
June 14, 2009

Ping An abandons Fortis deal

The collapse of the deal stalls the Chinese insurerÆs plan to become a financial conglomerate, but the market welcomes the development.
October 02, 2008

Ping An buys 50% of Fortis Investments

The Chinese insurance company pays $3.32 billion for the stake in Fortis's asset management subsidiary, gaining access to a business with $378 billion of assets under management.
March 24, 2008

Ping An buys 4.2% stake in Fortis

The Chinese insurer pays $2.65 billion to become the largest shareholder in Fortis in a deal which both parties are calling highly synergistic.
November 30, 2007