Friday, Oct 07, 2022 | Last Update : 08:45 AM IST

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IHH Healthcare submits fresh bid for Fortis

The company had earlier scrapped its decision to opt for the offer by the Munjal-Burman combine to invest Rs 1,800 crore in the company.

03 Jul 2018 5:19 PM

Fortis Healthcare extends deadline of binding bids to July 3

The bids should be unconditional as well as mention the source of funds.

29 Jun 2018 12:39 PM

Former promoters responsible for financial absurdity of Fortis, says report

Chairman Ravi Rajagopal released the findings of the investigation report on Wednesday.

28 Jun 2018 1:21 PM

Fortis Healthcare Q4 net loss widens to Rs 914 crore

It was Rs 479.29 crore for the previous fiscal year.

27 Jun 2018 10:48 AM

Fortis board meeting to reconvene today for considering financial results

Fortis said the board meeting commenced at 1600 hours on June 25 and was adjourned at 0215 hours on June 26.

26 Jun 2018 12:40 PM

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Fortis pulls out of amalgamation scheme with Fortis Malar, SRL

The scheme could not be completed even after 19 months due to reasons beyond the company's control.

14 Jun 2018 9:29 AM

Fortis extends deadline for submission of binding bids to June 28

Buyers have to make a minimum investment of Rs 1,500 crore into Fortis Healthcare.

12 Jun 2018 10:59 AM

Fortis Healthcare shortlists 4 entities for stake sale

Earlier this week, Fortis Healthcare initiated a fresh time-bound bidding process for its sale.

01 Jun 2018 4:05 PM

Fortis Healthcare initiates fresh bidding process for sale

As per the latest timeline, binding bids should be submitted on June 14 between 8.30 am to 9.30 am.

29 May 2018 5:24 PM

Munjals-Burmans combine give consent to re-open Fortis bidding process

Fortis Healthcare said it has received a letter from Hero Enterprise Investment Office and Burman family Officer.

28 May 2018 1:04 PM

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Fortis shareholders vote out Brian Tempest from Board

Fortis is in the process of inducting new investor to the company.

23 May 2018 3:01 PM

Two more Fortis directors quit ahead of crucial EGM

Fortis said Singh, who is also Chairman Emeritus of the company, has resigned as a non-executive director with effect from May 20.

21 May 2018 1:57 PM

Munjals-Burmans bid opted due to certainty, liquidity issues: Fortis

Majority of Fortis Healthcare's board opted for the Munjals-Burmans offer keeping in mind the certainty and liquidity issues.

11 May 2018 4:34 PM

Fortis shareholders approve acquisition of RHT Health Trust assets

In February, Fortis Healthcare had entered into definitive agreements to acquire entire portfolio of assets.

05 May 2018 5:44 PM

Fortis receives revised offer from Malaysia's IHH at Rs 175 per share

Fortis Healthcare board will meet on May 10 to take a decision on the binding bids for the company.

01 May 2018 12:08 PM

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Fortis board to meet on May 10 to decide on binding bids

The committee will evaluate all binding bids received by the company till forenoon of May 1, it said in a filing to BSE.

28 Apr 2018 10:23 AM

Suitors for India's Fortis revise bids ahead of panel recommendation

On Monday, Fortis said the Hero-Burman consortium had extended the validity period on its offer to May 4.

25 Apr 2018 10:46 AM

Malaysia's IHH makes binding offer to invest Rs 650 cr in Fortis

IHH has also demanded that it be given the right to appoint two directors on the board of Fortis.

24 Apr 2018 5:56 PM

Munjals, Burmans extend validity of their offer for Fortis

Hero Enterprise Investment, Burman Family have extended the validity of their improved, joint binding offer to invest Rs 1,500 crore.

23 Apr 2018 2:16 PM

Fortis receives non-binding offer from KKR-backed Radiant Life Care

Radiant Life Care has offered to acquire at least 26 per cent stake in Fortis Healthcare.

20 Apr 2018 12:22 PM

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