Fortis Healthcare’s subsidiary - Fortis Healthcare International has completed the transaction to sell its 100% stake in Altai Investments on October 24, 2013. The company had earlier on October 14, 2013 decided to sell its 100% stake in Altai Investments, the holding company for Quality Healthcare (QH), Hong Kong, to Bupa, for $355 million.
The company has taken this step in line with its strategic decision to intensify its focus on core hospital and diagnostic business in India and to reduce its debt.
Fortis Healthcare is an integrated healthcare-delivery service provider in Asia. The healthcare verticals of the company span primary care, diagnostics, day care speciality and hospitals, with a healthcare network spanning 9 countries.
The company has taken this step in line with its strategic decision to intensify its focus on core hospital and diagnostic business in India and to reduce its debt.
Fortis Healthcare is an integrated healthcare-delivery service provider in Asia. The healthcare verticals of the company span primary care, diagnostics, day care speciality and hospitals, with a healthcare network spanning 9 countries.
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