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One sector which has performed extremely well in the last two years has been hospital space. If one looks at the post listing performance of the IPOs which have come from this space, it is clear that both domestic and institutional investors are ready to pay a premium to have these stocks in their portfolio. The reason healthcare companies are bound to see growth, because average spend on healthcare will increase due to expansion of insurance and spending by the government. ....
The Supreme Court has also refused to lift the stay on the Fortis-IHH open offer, and ordered a forensic audit into the deal. The Delhi Court has been directed to decide on the open letter. ....
The Supreme Court on Thursday declined to allow Malaysia’s IHH Healthcare Bhd to proceed with an open offer to buy additional shares of Fortis Healthcare Ltd, triggering a rout in the Indian hospital operator’s stock. ....
Ageas announces the payment of final instalments in the Fortis settlement Ageas announces today that it has decided, in agreement with the claimant organisations, to close the Fortis settlement enabling ....