Wockhardt will divest a 24 per cent stake in its unlisted subsidiary, Wockhardt Hospitals. A company spokesperson confirmed this, setting at rest speculation over the exact stake the promoters -......
The sale of 10 key properties will overnight turn Habil Khorakiwala-promoted Wockhardt Hospitals from being among the top four healthcare chains in India to a minnow. But it will also give the......
Pharmaceutical major Wockhardt, which is trying to repay its debts of over Rs 3,400 crore (Rs 34 billion), announced on Sunday it had signed an agreement to divest its animal health division to......
Fortis Healthcare, promoted by former Ranbaxy owners Malvinder Singh and Shivinder Singh, will raise Rs 1,000 crore (Rs 10 billion) through a rights issue by the first week of August, to fund its......
Fortis is reportedly close to acquiring 10 hospitals of healthcare major Wockhardt for up to Rs 1,200 crore (Rs 12 billion) and an announcement could be made anytime now. A deal could be signed......