Fortis Board Clears RHT Acquisition In India

Fortis board clears RHT acquisition in India

 15-Nov-17, ET Healthworld

The Fortis Healthcare board has approved the proposed acquisition of the entire portfolio of Singapore-listed RHT Health Trust for an enterprise value of around INR4,650 crore (USD720 mn).

Fortis board clears RHT acquisition in India (c) ET Healthworld

Image: ET Healthworld

The step is part of a restructuring initiative aimed at consolidating the entire Indian asset portfolio comprising various clinical establishments and two operating hospitals of RHT Health Trust into Fortis.

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