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News digest: Fortis stake sale, Flipkart-Walmart deal, RJio plan, and more

From Fortis Healthcare stake sale to Reliance Jio's new Rs 199 plan, BS brings you top stories to keep up with the latest news

News digest: Fortis stake sale, Flipkart-Walmart deal, RJio plan, and more
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Takeover battle: Fortis Healthcare board opts for Munjal-Burman offer

The takeover saga at Fortis Healthcare, one of India’s leading healthcare chains, reached the culmination on Thursday, with the board choosing the Hero Enterprises-Burman Family Office offer as the best for the hospital and diagnostic chain.

“The Board, post having detailed discussions on the pros and cons of each offer, decided by majority, to recommend the offer of Hero Enterprise Investment Office-Burman Family Office (the last offer made on May 1, 2018)," Fortis Healthcare said in a statement to the BSE on Wednesday. Read more here

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