SC order does not impact 31.1% stake sale to IHH Healthcare: Fortis
Healthcare Saturday said the Supreme Court ordering a status quo on its deal with IHH Healthcare Berhad does not impact the company's 31.1 per cent stake sale to the Malaysian firm.
On Friday, the Supreme Court had ordered status quo with regard to the sale of controlling stakes of Fortis to IHH Healthcare Berhad by former Ranbaxy promoters and hospital operators -- Malvinder and Shivinder Singh. Image source: Reuters