Page 5 - Fortis Healthcare

Fortis Healthcare cracks 14% as SC puts sale to IHH on hold; recovers later

On a year-to-date (YTD) basis, the stock has slipped 5.5 per cent. At 11:35 am, the stock was trading at Rs 142.60, down 5.94 per cent.

SC stalls Fortis sale over Daiichi's pleas against Singh brothers

Fortis Healthcare's shares fell by almost 14 per cent following the SC order putting the company's sale on hold

Not liable for Singh brothers' actions: Fortis backs stake sale in Delhi HC

Fortis Healthcare on Monday said the hospital chain could not be held liable for actions of former promoters Malvinder and Shivinder Mohan Singh

Fortis Healthcare takes a shot at moving the brand away from controversy

Even as the health care major begins life under a new owner, it has embarked on a brand-building exercise

IHH Healthcare acquires 31.1% controlling stake in Fortis for Rs 40 billion

The board of Fortis has also approved the appointment of four IHH nominees on the company's board

Malaysia's IHH likely to get control of Fortis Healthcare this week

The Fortis stock has seen an erosion of 5.4% since the deal was announced in mid-July

Fortis Healthcare CEO Bhavdeep Singh resigns ahead of IHH taking charge

Sources indicated the resignation comes in at a time when the management control of the firm is changing and the new promoters are unlikely to have 'legacy issues' from the previous management

Fortis Healthcare CEO Bhavdeep Singh quits, will leave once successor found

Singh has steered the organisation over the past three and a half years

Sebi directs Singh brothers, 8 others to repay Rs 4 bn to Fortis Healthcare

Sebi has also ordered these 10 entities, which includes Religare Finvest and Fortis Hospitals, not to dispose of any of their assets without its prior permission

Shivinder's charges against brother won't get him off the hook: Experts

At NCLT, Shivinder pleads to remove brother from RHC Holding's board

Singh brothers case: Shivinder says Malvinder forged wife's signature

In a petition filed before NCLT, Shivinder sued Malvinder for 'oppression and mismanagement' of their companies.

Shivinder Mohan Singh drags elder brother Malvinder Singh to NCLT

Says also taken Sunil Godhwani to NCLT; adds that red flags had crept up with disturbing regularity in managing family businesses pointing to the systemic malaise

Fortis Healthcare CFO Gagandeep Singh Bedi quits; cites personal reasons

Bedi is the first senior company executive to leave the organisation post stake-sale to Malaysia-based IHH Healthcare

Fortis Healthcare amends acquisition agreement with RHT Health Trust

Fortis said both the companies had decided to extend the long stop date to December

Fortis Healthcare shareholders approve stake sale to Malaysia's IHH

Ninety-nine per cent shareholders of Fortis Healthcare voted in favour of the deal

Investors want higher price in Fortis open offer; IHH unlikely to oblige

Analysts say company stock may touch Rs 240 in a year

Fortis wants Singh brothers to be reclassified public shareholders

Move seen as an attempt to dissociate from former promoters' legal battle with Daiichi

Pay up or go to jail: Delhi HC summons Singh brothers in Daiichi case

The Singh brothers tendered their resignation as directors of Fortis Healthcare in February this year and currently hold negligible shareholding in the company

Fortis to seek shareholders nod for stake sale to Malaysia's IHH on Aug 13

IHH Healthcare is expected to shell out a total of Rs 73 billion to acquire 57.1 per cent stake

Fortis Healthcare fortunes to get Malaysia's IHH boost with acquisition

Since gains may take a while to accrue, experts believe short-term investors should tender shares in the open offer