Fortis Healthcare Boosts Stake in Agilus Diagnostics with ₹429 Cr IFC Deal
Mon, Dec 23, 2024 12:14 PM

Fortis Healthcare Boosts Stake in Agilus Diagnostics with ₹429 Cr IFC Deal

A Flip by Avya Verma
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Fortis Healthcare acquired a 7.61% stake in its subsidiary Agilus Diagnostics from the International Finance Corporation for ₹429.37 crore, as part of its strategy to increase its stake to 31.52%. Fortis will also acquire an additional 23.91% stake from two other stakeholders, strengthening its position in the diagnostic services market.

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