Acquisitions9 Jan 2026, 08:57 pm
Fortis Healthcare Subsidiary Completes Acquisition of TMI Healthcare
AI Summary
Fortis Healthcare Ltd. has announced that its wholly-owned subsidiary, International Hospital Limited (IHL), has successfully completed the acquisition of TMI Healthcare Private Limited. The acquisition primarily comprises hospital operations and includes the underlying hospital land and building, as well as adjacent land. This development is in line with the company's earlier intimation dated December 20, 2025, regarding the entering into definitive agreements for this transaction.
Key Highlights
- Fortis Healthcare's subsidiary, International Hospital Limited, completes acquisition of TMI Healthcare Private Limited.
- The acquisition includes hospital operations, underlying hospital land and building, and adjacent land.
- This development is in line with the company's earlier intimation dated December 20, 2025.
- The transaction was completed on the terms and conditions as contained in the relevant transaction documents.