IHH Healthcare Bhd (IHHH.KL)
16 Nov 2018
Nov 5 Indian hospital operator Fortis Healthcare Ltd, which is set to be acquired by Malaysia's IHH Healthcare Bhd, posted a quarterly loss due to impairment charges.
* Sees Q4 occupancy rate over 70 pct (Adds details, background)
Aug 14 Indian hospital operator Fortis Healthcare Ltd, which recently agreed to be bought by Malaysia's IHH Healthcare Bhd, reported a quarterly loss on Tuesday.
MUMBAI/KUALA LUMPUR Malaysia's IHH Healthcare Bhd is set to take control of India's Fortis Healthcare after its bid of up to $1.1 billion was chosen over a rival's, giving it ownership of over 30 hospitals amid a private healthcare boom in India.
* IHH will invest 40 bln rupees at 170 rupees/shr for 31 pct stake
July 13 India's Fortis Healthcare Ltd said on Friday it accepted an investment offer from Malaysia's IHH Healthcare Bhd, capping a months-long bidding war for control of the firm that drew interest from domestic and international firms.
Malaysia's IHH Healthcare Bhd said on Tuesday it had submitted an enhanced binding offer for Indian hospital chain Fortis Healthcare Ltd .
July 3 Malaysia's IHH Healthcare Bhd said on Tuesday it had submitted an enhanced binding offer for Indian hospital chain Fortis Healthcare Ltd.
June 26 Fortis Healthcare Ltd, which is embroiled in a takeover battle that has drawn international bidders, on Wednesday said loss for the March quarter ballooned to 9.32 billion rupees ($136.3 million) hurt by impairment charges.
June 1 India's Fortis Healthcare said on Friday its board would look at a new round of bids from four local and international parties, after shareholders opposed a previous board decision last month to accept an offer from a consortium.