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Sparsh Group to enter cancer care with a new 300-bed hospital

Sparsh Group to enter cancer care with a new 300-bed hospital
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Fortis Healthcare offers Chennai hospital to Kauvery for Rs 152 crore

Fortis Healthcare said it has signed definitive agreements for sale of its hospital company operations at Vadapalani, Chennai to.

Fortis Healthcare sells Chennai hospital to Kauvery for Rs 152 crore

Fortis Healthcare has signed definitive agreements with Kauvery Group of Hospitals for the sale of its hospital business operations in Vadapalani, Chennai, for Rs.152 crore ($20.4 million). The deal will be an all-cash transaction and is expected to conclude by the end of July 2023. The divestment enables Fortis to continue its portfolio rationalisation plan and to focus on deepening its presence in select clusters.

Fortis to sell Vadapalani hospital operations to Sri Kauvery Medical Care

Fortis Vadapalani: The transaction will be an all-cash deal and is estimated to be consummated by the end of July 2023, subject to certain conditions as stipulated in the definitive agreements

Kauvery Hospital to acquire Fortis Healthcare s  Vadapalani facility for ₹152 crore

Kauvery Hospital to acquire Fortis Healthcare s  Vadapalani facility for ₹152 crore
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