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India's Fortis forms expert panel to assess binding bids

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20-Apr-18 India's Fortis Healthcare is setting up a committee to assess bids for the company, excluding non-binding offers. This is a setback for Malaysia's IHH and China's Fosun, which had submitted non-binding offers and sought time for due diligence. [image: Medicare News]

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ICICI Lombard frontrunner for Star Health in India

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16-Apr-18 ICICI Lombard General Insurance has emerged as the frontrunner to acquire Chennai-based Star Health & Allied Insurance, edging past the competing consortium of WestBridge Capital and investor Rakesh Jhunjhunwala, valuing the company at INR6,000 crore (USD904 mn). [image: Business Medical Dialogues / Star Health]

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