China's Fosun bids for Fortis, offers to invest â¹2,300 crore
Fortis Healthcare on Tuesday said it has received an unsolicited non-binding offer from China's Fosun Health Holdings. Proposing that its shareholding will not exceed 25%,  Fosun has agreed to invest up to â¹2,300 crore including a preliminary investment of â¹100 crore. Notably, this is the fourth offer that Fortis has received since its founders Malvinder and Shivinder Singh resigned.