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| Exchange Received Time 20/03/2018 17:33:59 Exchange Disseminated Time 20/03/2018 17:34:04 Time Taken 00:00:05 |
This is with reference to our letter reference No. FHL/SEC/STEX/RR/2017-18 dated November 14, 2017 and February 13, 2018, whereby Company had informed about entering into a term sheet and consequently definitive agreements in relation to the proposed acquisition of the equity and financial securities, in the relevant Indian entities under RHT Health Trust ('RHT') namely, International Hospital Limited and Fortis Health Management Limited (and consequentially Escorts Heart and Super Speciality Hospital Limited, Hospitalia Eastern Private Limited and Fortis Hospotel Limited) from the wholly-owned subsidiaries of RHT ('Proposed Transaction'). The completion of the Proposed Transaction will be subject to the satisfaction of conditions precedent under the definitive agreement(s) including regulatory and shareholder approvals by the Company, approvals by RHT unit holders and other approvals as may be required.
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