Fortis Hospitals owns a 27.82% stake in RHT, which includes 25.14% holding by FHIL and 2.68% by the RHTTM, a unit of Stellant. FHIL and Stellant are both wholly-owned subsidiaries of Fortis Healthcare.
SINGAPORE (June 18): Fortis Hospitals, India's leading private hospital chain, has decided to close the bidding and search process to explore the possibility of sale of interest in RHT Health Trust (RHT) and RHT Health Trust Manager (RHTTM).
The decision was made after no commercially viable proposal was received by Fortis Hospitals, Fortis Healthcare International Limited (FHIL) and Stellant Capital Advisory Services involving the potential sale or any other transaction involving RHT and the trustee-manager, said RHTTM in a Monday night filing.
