Bigger India
Malaysia’s IHH Healthcare Extends Offer For India’s Fortis
Earlier this month, IHH had issued an extended the acceptance period of the enhanced revised proposal from May 15, 2018 till May 29, 2018.
Malaysia-based IHH Healthcare Bhd has extended the accpetance period for its enhanced revised offer to acquire a stake in India’s Fortis Healthcare Ltd by another month, based on a filing with the local stock exchange. The acceptance period is extended until June 30, 2018, to enable the reconstituted board of Fortis to fully consider and evaluate the enhanced revised proposal, with terms that remain unchanged, said the letter.