Headline: Fortis Healthcare finalizes acquisition of Medeor Hospital in India for $27.23m
Acquiror: Fortis Healthcare
Target: Medeor Hospital
Target Services: Private Hospital Network
Valuation: $27.23 m
Target Industry: Healthcare
Rationale: Expansion of Fortis Healthcare’s presence in Gurugram through the acquisition of Medeor Hospital. The acquisition aligns with Fortis’s strategic plan for geographic expansion.
Summary: Fortis Healthcare concluded the acquisition of Medeor Hospital in Manesar, India for Rs2.25bn ($27.23m) from the VPS Group.