IHH Acquires Fortis

Fortis Healthcare has signed a 15-year sub-lease with R.R. Lifesciences to operate a hospital in Greater Noida, expanding its NCR presence with a monthly rent of Rs 2.4 crore

Analysts say IHH's reputational harm claim in Japan won't impact Fortis's Indian operations; litigation continues over stalled open offer and regulatory hurdles

Outbids TPG-Manipal combine, will invest Rs 40 bn at Rs 170 a share through preferential allotment