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In talks with investors for SRL: Fortis Healthcare

Fortis Healthcare today said it is in talks with a number of investors to facilitate an exit by the existing PE investors from the company's diagnostic arm SRL.

February 19, 2016 / 18:55 IST
     
     
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    Fortis Healthcare today said it is in talks with a number of investors to facilitate an exit by the existing PE investors from the company's diagnostic arm SRL.

    "The company is in the process of facilitating a third-party exit for the existing private equity investors in SRL Ltd," Fortis Healthcare said in a filing to BSE.

    The process is on and the company is in dialogue with a number of investors who have evinced interest, it added.

    "As on date, there is no firm proposal under consideration of the management," Fortis Healthcare said.

    It, however, did not elaborate.

    The stock of Fortis Healthcare today closed at Rs 174.90 on BSE, up 11.72 per cent from its previous close.

    first published: Feb 19, 2016 06:20 pm

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