Fortis Healthcare Gains After Yes Bank Acquires Stake

Gold Silver Reports (GSR) – Fortis Healthcare Gains After Yes Bank Acquires Stake — Shares of the Delhi-based hospital chain operator rose as much as 5.5 percent to Rs 161 after Yes Bank acquired 17.31 percent stake in Fortis Healthcare pursuant to invocation of pledge.  

Meanwhile, IHH will make voluntary open offer for Fortis to buy non promoter shares, The Economic Times newspaper reported. Neal Bhai Reports (NBR) – INDIA