MoneyWorks4Me

Fortis Healthcare is intalks to buy a controlling stake in Hoan My Medical Corporation, the Vietnamesehospital operator backed by Deutsche Bank (DBK). Shareholders of theprivately-held Hoan My plan to sell more than 50% of the company in a deal thatmay value it at $100 million. The acquisition would bolster Fortis’s expansionin Asia. Ho Chi Minh City-based Hoan My operates five hospitals and two clinicsin Vietnam and plans to open more hospitals in the country.crackcrack

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