CCI nod to Malaysia's IHH to acquire Fortis Healthcare, Fortis Malar Hospital
Competition Commission of India (CCI) has approved "acquisition of Fortis Healthcare Ltd and Fortis Malar Hospital Ltd by Northern TK Venture Pte Ltd," the regulator said in a tweet Wednesday.
Competition watchdog CCI has approved Malaysia-based IHH Healthcare's proposed acquisition of Fortis Healthcare and Fortis Malar Hospital.
In August, Fortis Healthcare shareholders gave their nod for the deal.
Shareholders had also approved reclassifying members of promoter/promoter group to public shareholder category and classification of Northern TK Venture Pvt Ltd as a promoter.
(With inputs from agencies.)