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Business

Fortis Healthcare to sell Radlink for over Rs 530 crore

Fortis Healthcare International, a step-down subsidiary of Fortis Healthcare, announced its decision to divest 100% shareholding in RadLink-Asia and its subsidiaries, the company said in a statement.

DNA Business Bureau

Updated : Mar 20, 2018, 02:03 AM IST

Representational image

Wrapping up sale of its major international assets, Fortis Healthcare's Singapore-based arm will offload 100 % stake in RadLink for SGD 111 million (over Rs 530 crore) to Fullerton Healthcare Group.

Fortis Healthcare International, a step-down subsidiary of Fortis Healthcare, announced its decision to divest 100% shareholding in RadLink-Asia and its subsidiaries, the company said in a statement.

The deal will be completed by May 12.

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