What makes Fortis Healthcare a coveted acquisition target for its suitors

From IHH Healthcare to Burmans, Manipal and Fosun, there have seen several serious players in race to acquire Fortis Healthcare. Business Standard explains how they could gain from acquiring Fortis

Fortis Healthcare, which has been on the block for a while now, has attracted quite a bit of attention. At least five suitors — from competing hospitals, private equity funds, those in the fast-moving consumer goods (FMCG) business, and other health care sector players, are in the fray. 

What makes Fortis Healthcare draw so much interest? While the company’s board meets on Friday to continue its discussion on the best binding bid, the reason for a rush is simple, say analysts. With over 45 health care facilities and over 300 vibrant diagnostic centres, Fortis is India’s second-largest hospital chain — next