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Fortis Receives Joint Acquisition Proposal From Hero and Burman Group et al

Professor of Financial Economics and Part-time Value Investor, Transfin.
Apr 13, 2018 12:44 PM 2 min read
Editorial

End of Day Wrap-up (Friday / April 13, 2018) #Fortis #healthcare #Manipal #RIL #Vodafone #Idea #Coinsecure #Infosys #Trump #WhiteHouse #China #Technology #investments #US #AI #Transfin

Editor's comment: Fortis receives joint acquisition proposal from Hero and Burman Group, in addition to offer from TPG-Manipal and IHH Healthcare Bhd. New offer values Fortis at INR156 per share vs. INR155 per share offer from TPG-Manipal. IHH Healthcare gives non-binding offer of INR160 per share. Fortis share price closed today at 151.

 

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