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Fortis Healthcare update on composite scheme of arrangement

Capital Market 

Healthcare on 10 April 2018 has received an unsolicited binding offer, revising the earlier construct of the scheme and/or transaction, from Health Enterprises.

The said revised is under evaluation by the Company.

On 27 March 2018, a composite scheme of arrangement between Healthcare, Health Enterprises, and La Femme was approved whereby the business of would be merged into Health Enterprises (composite scheme) (demerger).

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 11 2018. 09:55 IST
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