New Delhi, April 19: The Board of Directors of the beleaguered Fortis Healthcare, in its meeting today decided to evaluate binding offers for the sale of its hospital business.
Fortis has received binding offers from Manipal-TPG consortium and Munjal & Burman family offices and has also received non-binding expression of interests from IHH Healthcare Berhad and Fosun Health Holdings Limited.
The Board also approved the appointment of an expert advisory committee headed by Deepak Kapoor, former head of consulting firm, PwC to evaluate these binding offers.
Separately, the Board also approved the appointment of Rohit Bhasin as additional director for a period of five years.
Fortis has received binding offers from Manipal-TPG consortium and Munjal & Burman family offices and has also received non-binding expression of interests from IHH Healthcare Berhad and Fosun Health Holdings Limited.
The Board also approved the appointment of an expert advisory committee headed by Deepak Kapoor, former head of consulting firm, PwC to evaluate these binding offers.
Separately, the Board also approved the appointment of Rohit Bhasin as additional director for a period of five years.