Fortis Health sheds Medicare stake
Fortis Healthcare sold its entire stake of 5 per cent in Fortis Medicare International on Wednesday, Fortis Healthcare said in an exchange filing. The company sold the stake in Fortis Medicare to Fortis Global Healthcare. Fortis Global holds 51 per cent stake in Fortis Medicare International. On Wednesday, shares of Fortis Healthcare closed at ₹154.3, up 7 per cent, on the BSE.
Equity indices in the Asian region rose on Wednesday after US stocks rebounded from losses initially sparked by North Korea’s missile launch BLOOMBERG