International Finance Corporation has sold 86.46 lakh shares of Fortis Healthcare through the open market route. The shares were sold on an average price of Rs 183.30 valuing the transaction to Rs 158.49 crore. On the other hand, Nomura India Investment Fund Mother Fund has bought 68.70 lakh shares in the company for an average price of Rs 183.29, through open market route valuing the transaction at Rs 125.93 crore.
Fortis Healthcare is an integrated healthcare delivery service provider in Asia. The healthcare verticals of the company span primary care, diagnostics, day care specialty and hospitals, with a healthcare network spanning 9 countries.