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Munjals, Burmans extend validity of their offer for Fortis Healthcare

Munjals, Burmans extend validity of their offer for Fortis Healthcare

Mon, Apr 23, 2018

The development follows the Fortis board forming an expert panel last week to evaluate binding offers and make the final recommendation by April 26. On April 18, Hero Enterprise Investment Office and Burman Family Office improved their binding offer with a proposal to invest Rs 1,500 crore directly at a valuation of Rs 161.6 per share, from the earlier Rs 1,250 crore

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