MoneyWorks4Me

Fortis Healthcare’s arm divests entire stake of MSCL

09 Jul 2019 Evaluate

Fortis Healthcare’s wholly owned subsidiary--Fortis Healthcare International (FHIL) (incorporated in Mauritius) has completed the sale of the entire shareholding held by FHIL in The Medical and Surgical Centre (MSCL) [renamed as C-Care (Mauritius)], representing 28.89% (164,670,801 shares) holding of the total issued and paid up equity share capital of MSCL, to CIEL, CIEL Healthcare (collectively referred to as 'CIEL').The entire stake of FHIL in MSCL is now divested.

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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