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wockhardt

August 27, 2009

India’s Wockhardt Hospitals, a subsidiary of the family-run Wockhardt pharmaceutical group, is to sell 10 of its hospitals to family-controlled Fortis Healthcare.

India's Wockhardt Hospitals, a subsidiary of the family-run Wockhardt pharmaceutical group, is to sell 10 of its hospitals to family-controlled Fortis Healthcare.
 
The deal is the largest in India's hospital sector to date and will significantly increase Fortis's presence across the country. The company will pay $187 million for eight working hospitals and two that are still under construction.
 

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