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Fortis Healthcare's arm to sell Singapore hospital to Concord Medical Services

28 Mar 2015 Evaluate

Fortis Healthcare International, a step down subsidiary of Fortis Healthcare has finalized the sale of its Singapore hospital to Concord Medical Services for a consideration of SGD 55 million. The deal will be completed on or about April 6, 2015.

Fortis Healthcare is an integrated healthcare delivery service provider in Asia. The healthcare verticals of the company span primary care, diagnostics, day care speciality and hospitals, with a healthcare network spanning 9 countries.

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