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India's Fortis in 5-way battle for control as KKR-backed firm makes offer

Mimi Sabreena 3:03:00 PM Informasi

BENGALURU (April 20): The battle for control of India's Fortis Healthcare Ltd intensified after KKR-backed Radiant Life Care Private Ltd entered the fray with an offer to buy more than a quarter of the cash-strapped company's hospital business.

In its non-binding offer, Radiant, the fifth suitor for Fortis, proposed on Thursday to make an investment and re-structure the company, Fortis said in a filing that had Radiant's offer letter attached to it.

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