Fortis Healthcare Limited has signed a definitive agreement to acquire the entire portfolio of assets of RHT Health Trust listed in Singapore. The proposed transaction involves the acquisition of all the securities of RHT’s entities for an enterprise value of Rs.4650 cr., which includes Rs.1152 cr. of debt that will be repaid. It further added that substantial part of the net proceeds from the deal received by RHT will be distributed to its unit holders.

(Economic Times)