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Fortis proposes to buy RHT Health assets for Rs. 4,650 cr

Gurugram-based Fortis Healthcare Ltd has proposed acquisition of all the securities of Singapore-listed RHT Health Trust (RHT) for an enterprise value of around ₹4,650 crore.

Fortis, announced that its board of directors had approved a major restructuring initiative aimed at consolidating the entire Indian asset portfolio (including 12 clinical establishments, four greenfield clinical establishments and two operating hospitals) of RHT into Fortis.

Source: Business Line