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Fortis Healthcare gets revised offer from Radiant

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Capital Market

Radiant offers to buy Fortis Mulund Hospital immediately

Fortis Healthcare has received a revised offer from Radiant Life Care on 24 April 2018. The offer primarily comprising of a binding offer to only purchase Fortis Mulund Hospital, without due diligence and as a going concern, at an enterprise value of Rs 1200 crore as the first step with the objective of providing immediate liquidity to Fortis Healthcare.

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First Published: Apr 25 2018 | 10:08 AM IST

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