THE FOR­TIS-IHH SAGA

Mint ST - - FRONT PAGE -

MINT GRAPHITI

In July the For­tis board unan­i­mously ac­cepted a from IHH Health­care Bhd, which out­bid a con­sor­tium of Ma­ni­pal Health En­ter­prises and US pri­vate eq­uity firm TPG Cap­i­tal

While For­tis had ear­lier ap­proved a

in­vest­ment of­fer from a Mun­jal-bur­man com­bine, this was not ap­proved by share­hold­ers, forc­ing it to re­open the bid­ding process

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