Tag «Demerger»

Fortis Healthcare announces demerger of its Hospital Business into Manipal Hospitals

                                                                                                                                                                                           Creates the largest hospital services provider in the country by revenue Infuses INR 3,900 Crs of fresh capital from Manipal Hospital’s Dr. Ranjan Pai and TPG Capital Asia to complete RHT transaction and to fund growth initiatives Provides a strong promoter and shareholder base to both FHL’s hospitals businesses and SRL Offers significant growth …

Shareholder Support for Demerger of South32 by BHP Billiton

May 06, 2015 BHP Billiton shareholders have approved the demerger of South32, with the demerger resolution achieving 98.05 per cent in favour. The simultaneous shareholder general meetings took place in Perth and London to approve the demerger of South32 from BHP Billiton. BHP Billiton Chairman, Jac Nasser, welcomed the overwhelming support by shareholders of the …