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Understanding Fortis' global sprawl
Early last month, India’s leading private hospital chain, Fortis Healthcare—in which brothers Malvinder and Shivinder Singh are promoters—consummated the acquisition of Singapore-based Fortis International for $ 665 million (around Rs3,270 crore), an entity which the brothers own in its entirety. However, the deal, which catapulted Fortis into becoming the largest corporate hospital
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