Fortis Healthcare has jumped to a new high in opening trades on news of acquiring Singapore healthcare giant.

The stock opened at Rs 180 and surged 4% to touch a new high of Rs 185. The stock is now trading with a 2.5% gain at Rs 183. Around 521,000 shares have been traded on the BSE so far.

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The acquisition is being viewed as the largest overseas acquisition by an Indian company in the healthcare space.

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