 "Fortis Healthcare")
Fortis Healthcare Ltd (FHL) on Friday said the acquisition of hospital assets held under the RHT Health Trust could be delayed.
The hospital chain informed the stock exchange on Friday that it had amended its agreement with RHT Health Trust to extend the long stop for acquisition from September 30 to December 31.
A long stop date refers to the date when conditions precedent to the transaction are met or else transaction can be terminated.
FHL and RHT had entered into definitive agreements in February to acquire an entire portfolio of RHT for an enterprise value of
The hospital chain informed the stock exchange on Friday that it had amended its agreement with RHT Health Trust to extend the long stop for acquisition from September 30 to December 31.
A long stop date refers to the date when conditions precedent to the transaction are met or else transaction can be terminated.
FHL and RHT had entered into definitive agreements in February to acquire an entire portfolio of RHT for an enterprise value of
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