Fortis-Wockhardt : The deed is done

So after months of wrangling and 'will he won't he'  Habil Khorakiwala has sold off his prized possessions. Wockhardt Hospitals will soon divest 10 hospitals to Fortis Healthcare for Rs 909 crore, which works out to a valuation of 8.5 times FY09-010 estimate EBITDA and 1.9 times estimated revenues. While it still retains some hospitals, … Continue reading Fortis-Wockhardt : The deed is done

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