Not close to any deal with Fortis, says IHH

Fortis sources says deal is still on

Malaysian hospital chain IHH Healthcare Berhad (IHH) has said it was nowhere close to concluding a deal with Fortis Healthcare. In a filing with the Malaysian stock exchange, IHH said, “IHH is not, nor is it close to, concluding any negotiations or due-diligence or transactions in India at this point in time.”
 
The statement came after the Malaysian bourse asked IHH to clarify on a news report of The Edge Financial Daily saying the two companies “are said to be in advanced stage of negotiations and due-diligence”. The report had quoted “a flurry of Indian news reports” on the