April 25, 2018 / 1:24 PM / a month ago

BRIEF-Fortis Says Conditions Sought By Manipal, TPG Would Limit Co's Ability To Run Competitive Bid Process

April 25 (Reuters) - Fortis Healthcare Ltd:

* SAYS CO UPDATES ON MANIPAL, TPG REVISED OFFER FOR CO’S HOPSITALS

* FORTIS HEALTHCARE - STATEMENT OF ONE-TIME WAIVER IN REVISED OFFER BY MANIPAL, TPG OMITS CERTAIN FACTS SUCH AS WAIVER CONDITIONS

* SAYS MANIPAL AND TPG SOUGHT TO IMPOSE ADDITIONAL ONEROUS CONDITIONS ON COMPANY

* SAYS CONDITIONS SOUGHT BY MANIPAL, TPG WOULD LIMIT CO'S ABILITY TO RUN COMPETITIVE BID PROCESS Source text - bit.ly/2qWYLGi Further company coverage:

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