MoneyWorks4Me

Fortis Healthcare’s arm completes divestment of RadLink-Asia

12 May 2015 Evaluate

Fortis Healthcare International, subsidiary of Fortis Healthcare has received the sum of SGD 111 million from sale of its Singapore based RadLink-Asia and its Subsidiaries to Fullerton Healthcare Group. The deal announced on May 1, 2015 now stands completed. J.P Morgan and ReligareCapital Markets acted as financial advisors to Fortis for this transaction.

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