Saturday, January 2, 2010

Fortis buys Wockhardt Hospital chain:

Fortis Healthcare, the leading private healthcare chain promoted by the erstwhile owners of Ranbaxy, acquired eight running hospitals and two green field projects of Wockhardt Hospital for Rs 909 crore.
The acquisition will see Fortis inching closer to the country's largest hospital network Apollo on total bed strength. Post this deal, Fortis will rank as the leading private healthcare provider in several key states in India.
The deal, biggest ever in Indian healthcare space, will provide Fortis with a mix of big and small hospitals, including two multi-specialty hospitals.







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