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Fortis Healthcare announces sale of Fortis Surgical Hospital in Singapore for SGD 55 million

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To Concord Medical Services (International)

Fortis Healthcare announced that the Board of Fortis Healthcare International, a step down subsidiary of the Company based out of Singapore has decided to disinvest 100 % shareholding in Fortis Healthcare Singapore which holds and operates Fortis Surgical Hospital to Concord Medical Services (International) (CCM), for a consideration of SGD 55 million. The deal is expected to be completed on or about 06 April 2015.

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First Published: Fri, March 27 2015. 16:10 IST
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