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IHH Healthcare Makes Binding Offer To Acquire Fortis et al.

Professor of Financial Economics and Part-time Value Investor, Transfin.
Apr 24, 2018 12:45 PM 1 min read
Editorial

End of Day Wrap-up (Tuesday / April 24, 2018) #healthcare #Fortis #Infosys #SBI #Alphabet #crudeoil #OPEC #Transfin

Editor's comment: Malaysia's IHH Healthcare makes binding offer to acquire Fortis Healthcare with INR650cr immediate equity infusion and INR4,000cr overall consideration. Offer equals INR160 per share, at 5.3% premium vs. current share price.

 

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