Fortis Healthcare Falls After Hospital Deal

Fortis Healthcare Falls After Hospital Deal — Shares of the Delhi-based hospital chain operator fell as much as 10.58 percent to Rs 127.20 after it reached a deal with Manipal Hospitals to demerge its hospital business.        

Fortis Healthcare will demerge its hospitals business into TPG-backed Manipal Hospitals and divest management control of its diagnostics business to the same entity in a two-step deal.

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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