MoneyWorks4Me

Fortis Healthcare’s arm to disinvest 100% shareholding in RadLink

04 May 2015 Evaluate

Fortis Healthcare’s step-down subsidiary - Fortis Healthcare International, has decided to divest 100% shareholding in RadLink-Asia and its subsidiaries, ‘RadLink’, Singapore, to Fullerton Healthcare Group for SGD 111 million. The deal will be completed on or about 12th May 2015. JP Morgan and Religare Capital Markets acted as financial advisors to Fortis for this transaction.

RadLink is engaged in the provision of healthcare services, including the provision of outpatient diagnostic and molecular imaging services in Singapore.

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.


Peers