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India's Hero, Burman offer to invest in Fortis Healthcare


By Tanvi Mehta and Suvashree ChoudhuryBENGALURU/MUMBAI (Reuters) - India's Fortis Healthcare said on Thursday it had received an investment offer worth 12.5 billion rupees ($191.5 million) from Hero Enterprise Investment Office and the Burman Family Office.Hero Enterprise is an investment company formed by Sunil Munjal, founder of the country's largest motorcycle maker Hero Group. The Burman Family Office is the private investment arm of the family that owns consumer goods company Dabur India.Hero Enterprise and Burman, which own stakes in Fortis, said they had together tried unsuccessfully ...

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First Published: Thu, April 12 2018. 23:16 IST