Fortis Healthcare - Current Affairs Questions and Answers

1)   Fortis Healthcare has set out to purchase which company for USD 14.9 million through a share purchase agreement?

a. Religare Health Trust Trustee Manager
b. Max Healthcare
c. Apollo Hospitals
d. None of the above
Answer  Explanation 

ANSWER: Religare Health Trust Trustee Manager

Explanation:
Fortis Healthcare through step down subsidiary Stellant Capital Advisory Services has entered into Share Purchase Agreement with Relier Health Trust Trustee Manager, a Singapore based company. Fortis will acquire 100 percent stake for USD 14.9 million. The transaction is subject to approval by regulatory authorities.