Fortis Health acquires 85% stake in Radlink-Asia; stk up

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Fortis Health acquires 85% stake in Radlink-Asia; stk up

Fortis Healthcare has acquired 85% stake in Radlink-Asia for Singapore dollar 62.9 million. The acquisition has routed through Singapore subsidiary, reports CNBC-TV18, quoting Reuters.

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Fortis Healthcare has acquired 85% stake in Radlink-Asia for Singapore dollar 62.9 million. The acquisition has routed through Singapore subsidiary, reports CNBC-TV18, quoting Reuters.

The company said that, Radlink-Asia is a diagnostic and molecular imaging chain.

The stock touched an intraday high of Rs 108.40 and an intraday low of Rs 106.20. At 09:20 hrs the share was quoting at Rs 107.35, up Rs 2.75, or 2.63%.
 
It was trading with volumes of 20,952 shares. In the previous trading session, the share closed down 0.43% or Rs 0.45 at Rs 104.60.