IHH Healthcare offers Fortis buyout at $796m

Submitted By:  Danielle Isaac Case Study:  No It is neck-to-neck with three other bidders for India's second largest hospital group. IHH Healthcare issued a non-binding letter to Fortis Healthcare expressing its readiness to inject INR40b or $796m (INR 160 per share) in order to fund the buyout of Singapore-listed RHT Health Trust (RHT), it said in an SGX announcement. read more