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China's Fosun becomes fourth suitor for India's troubled Fortis

Mimi Sabreena 3:05:00 PM Informasi

BENGALURU (April 18): India's cash-strapped Fortis Healthcare Ltd said Fosun International Ltd has offered to invest up to US$350 million, making the Chinese conglomerate the fourth suitor aiming to benefit from a government push for better healthcare.

The unsolicited non-binding offer follows one other offer of investment from local businesses and separate takeover bids from unlisted Manipal Health Enterprises Ltd and Malaysia's IHH Healthcare Bhd.

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