BT EXCLUSIVE

Fortis' woes pile pressure on Singapore-listed RHT Health Trust

S$950 million deal to buy Fortis' healthcare assets at risk over hospital chain's debt and legal woes, probes by regulators and slashed credit rating

The deepening debt and legal woes assailing India's second largest hospital chain Fortis Healthcare, probes by regulatory authorities there, and the uncertain outcome of an intensifying bidding war for its assets by potential white knights have turned up the heat on Singapore-listed RHT Health Trust (RHT).
PHOTO: RELIGARE HEALTHCARE TRUST

Singapore

THE deepening debt and legal woes assailing India's second largest hospital chain Fortis Healthcare, probes by regulatory authorities there, and the uncertain outcome of an intensifying bidding war for its assets by potential white knights have turned up the heat on Singapore-