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FHL gets non-binding expression of interest from Radiant Life Care

20 Apr 2018 Evaluate

Fortis Healthcare (FHL) has received a non-binding expression of interest from KKR-backed Radiant Life Care. The company has offered to acquire at least 26% stake in Fortis Healthcare at Rs 126 per share.

FHL 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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