Fortis Healthcare extends deadline for submission of binding bids to June 28
Last month, Fortis Healthcare had initiated a fresh time-bound bidding process for its sale after terminating the offer made by the Munjal-Burman combine.
Jun 12, 2018, 11:30 AM ISTMunjals-Burmans combine give consent to re-open Fortis bidding process
The development comes at a time when there is an uncertainty over the process of sale of Fortis as four of the directors, who had approved the Munjals-Burmans bid, are no longer on the company's board.
May 28, 2018, 16:26 PM ISTFortis board opts for Munjal-Burman combine's bid
Fortis Healthcare had received binding offers from four entities - KKR-backed Radiant Life Care, IHH Healthcare, Manipal/TPG consortium, and Munjal and Burman family offices.
May 11, 2018, 09:44 AM ISTTimeline: Fortis Healthcare bidding war - The story so far
Fortis has set up an advisory committee to evaluate binding offers from suitors vying to acquire the company, or take a stake in it.
May 07, 2018, 11:17 AM ISTIHH Healthcare, Munjals & Burmans enhance offers for Fortis
Fortis Healthcare has already received binding offers from four entities - KKR-backed Radiant Life Care, IHH Healthcare, Manipal/TPG consortium, and Munjal and Burman family offices.
May 01, 2018, 12:25 PM IST