•  •  Dark Mode

Your Interests & Preferences

I am a...

law firm lawyer
in-house company lawyer
litigation lawyer
law student
aspiring student
other

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences

DMD Advocates, AZB on $225m Fortis Healthcare acquisition in Fortis Hospotel

"Fortis Healthcare has completed the acquisition of 51 per cent stake in Fortis Hospotel Ltd and also acquired compulsorily convertible preference shares issued by Escort Heart Institute and Research Centre,” reported the Economic Times.

DMD Advocates senior partner Rashi Dhir and senior associate Raja Kishore advised Fortis Healthcare and Fortis Hospitals.

AZB & Partners partner Dhruv Singhal and associates Priyoma Majumder and Priyanka Butani, and Rajah & Tann Singapore partner Hoon Chi Tern advised Fortis Global Healthcare Infrastructure and Fortis Hospotel.

Consolidated value of the acquisitions was Rs 1500 crore, according to DMD.

Click to show 1 comment
at your own risk
(alt+c)
By reading the comments you agree that they are the (often anonymous) personal views and opinions of readers, which may be biased and unreliable, and for which Legally India therefore has no liability. If you believe a comment is inappropriate, please click 'Report to LI' below the comment and we will review it as soon as practicable.