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04-Apr2018

East Bridge Capital picks additional 3.86% stake in Fortis Healthcare

East Bridge Capital Master Fund has bought an additional 3.86% stake in Fortis Healthcare for over Rs 256 crore through a market transaction.

East Bridge Capital Master Fund, which held 5.87% in the company had increased its shareholding in the healthcare services provider to 9.73% by buying 2 crore shares on March 28.

Fortis Healthcare is an integrated healthcare delivery service provider in Asia. The healthcare verticals of the company span primary care, diagnostics, day care specialty and hospitals, with a healthcare network spanning 9 countries.



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