KUALA LUMPUR, July 26 (Bernama) -- Fortis Healthcare Ltd has decided to divest its entire 25.37 per cent strategic stake in Parkway Holdings Ltd by taking the voluntary general offer of S$3.95 a share from Khazanah Nasional Bhd.Fortis and Khazanah, which holds 23.32 per cent stake in Parkway, were in a tussle to take control of Parkway, a healthcare group based in Singapore, operating 16 hospitals with more than 3,400 beds in Asia. Full Story
Related:
India’s Fortis Healthcare exits race for Singapore’s Parkway - Thaindian News
Fortis made S$116.7 mln profit on Parkway deal - Reuters
Khazanah offers S$3.95 a share for Parkway; Fortis to exit - The Economic Times
Khazanah Offers S$3.5 Billion in Parkway Buyout - BusinessWeek
Fortis Healthcare exits race for Parkway - NDTV Profit
Fortis accepts Khazanah offer...to sell Parkway stake - India Infoline
Fortis mulls Singapore listing after exit from Parkway - Business Standard
The Parkway Battle: Singh Duo Bow Out With A Profit Of $85M - VCCircle
Fortis Healthcare exits Parkway - The Hindu
Fortis exits Parkway, nets Rs 320 crore or Rs 8 per share - Daily News & Analysis
Khazanah wins Parkway tussle - Calcutta Telegraph
