Fortis Healthcare International to sell entire stake in MSCL

Mauritius-based Fortis Healthcare International holds 28.89 per cent stake in Medical and Surgical Centre Ltd (MSCL).

New Delhi: Fortis Healthcare Friday said its subsidiary Fortis Healthcare International Ltd(FHIL) will sell its entire stake in Medical and Surgical Centre Ltd (MSCL).

Mauritius-based FHIL holds 28.89 per cent stake in MSCL.

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It added that the proposed transaction is subject to the approval of Fortis Healthcare Ltd's shareholders as well as regulatory approvals, if required.

"Upon consummation of the proposed transaction, the entire stake of FHIL in MSCL will be divested," it added.

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