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KM Financial Solutions | Manipal CEO: had to take “more risky” approach in bid for India’s Fortis
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Manipal CEO: had to take “more risky” approach in bid for India’s Fortis

06 May Manipal CEO: had to take “more risky” approach in bid for India’s Fortis

Posted at 10:22h in News by
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MUMBAI, May 7 (Reuters) – India’s privately-held Manipal
Hospitals had to take a “more risky” approach to buy domestic
rival Fortis Healthcare Ltd, Manipal’s Chief Executive
Ranjan Pai told Reuters, because he did not want to lose out to
other suitors.

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