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| Exchange Disseminated Time | Fortis Healthcare Ltd has informed BSE that The Board of Fortis Healthcare International Pte Ltd, a step down subsidiary of Fortis Healthcare Ltd (Fortis) based out of Singapore has decided to disinvest 100 % shareholding in Fortis Healthcare Singapore Pte Ltd which holds and operates “Fortis Surgical Hospital” to Concord Medical Services (International) Pte Ltd (CCM), for a consideration of SGD 55 Mn. The deal is expected to be completed on or about April 06, 2015.
In this regard, the Company has submitted to BSE a copy of Press Release March 27, 2015, titled "Fortis finalises sale of its Singapore Hospital to Concord Medical Services (International) Pte Ltd for SGD 55 Mn". |
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