Fortis gets leeway as Singapore steps in

Mydigitalfc.com, 16 Jun 2010
Regulator allows response in Parkway battle till July 30 even after Khazanah open offer closes.
n a move seen by some analysts as advantageous to Fortis Healthcare in its bid to retain control of Parkway Holdings, promoter of the top Asian hospital network, Singapore’s securities regulator on Wednesday gave the Indian healthcare firm time till July 30 to specify whether it would make a full offer for the hospital chain. Full Story