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Fortis Healthcare sells entire stake in Fortis Medicare International

31 Aug 2017 Evaluate

Fortis Healthcare has sold off its entire stake in Fortis Medicare International to Fortis Global Healthcare, a promoter group company. The company has entered into agreement for sale on August 30, 2017.

Fortis Medicare International is an associate Company of Fortis Healthcare in which the Company holds 5% ordinary shares.

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.

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