StanChart PE, PremjiInvest buy into Fortis Healthcare; IFC increases stake

By Madhav A Chanchani

  • 23 May 2013
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International Finance Corporation (IFC) has increased its stake in Fortis Healthcare Ltd while Standard Chartered Private Equity and PremjiInvest have also picked up small stake in the pan-Asia healthcare services firm.The investment came as Fortis is expected to come out of an investment cycle, focus on consolidation and bring down ......

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