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| Exchange Received Time 17/04/2018 22:36:51 Exchange Disseminated Time 17/04/2018 22:36:56 Time Taken 00:00:05 | It is herewith informed that Fortis Healthcare Limited ('the Company') today i.e. April 17, 2018 has received an unsolicited non-binding expression of interest from Fosun Health Holdings Limited, a wholly owned subsidiary of Fosun International Limited ('Fosun International'), a company listed on the Hong Kong Stock Exchange with a proposal of primary infusion at a price upto Rs. 156/share, subject to due diligence to be completed within three weeks, upto a total investment of USD 350 million (including a preliminary investment of upto INR 100 Cr) and further subject to certain conditions as mentioned in the offer letter.
Please find enclosed the afore-mentioned proposal.
You are kindly requested to take the same on record.
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