Fortis Board receives 'Binding Bids'
Mumbai, July 3: Fortis Healthcare (FHL) on Tuesday said that its Board has received "Binding Bids" from suitors under the new transaction process.
"The 'Binding Bids' will be evaluated by the Board of Directors of the company in consultation with its advisors," FHL said in a BSE filing on Tuesday.
On June 29, FHL had extended the deadline for submission of binding bids to July 3.
FHL had earlier said that it will consider the bids of four suitors -- Hero Enterprise Investment Office and Burman Family Office, IHH Healthcare Berhand, Radiant Life Care and TPG Asia and Manipal Health Enterprises -- in the new transaction process.
The earlier date of bid submission was June 28.
On its part, IHH in a filing to Bursa Malaysia informed that it has on Tuesday "issued a letter to the Board of Fortis setting out a binding offer, which supersedes and replaces the Enhanced Revised Proposal".
"The 'Binding Offer Letter' represents IHH's only binding offer. Legal obligations and agreement between IHH and Fortis will be created only after the Board of Fortis approves the preferential allotment in terms of the share subscription agreement to be executed between Fortis and IHH or the nominee of IHH."
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Sanju Samson ton guides India to 61-run win over South Africa
Durban, Nov 8: Sanju Samson scored a scintillating century as India inflicted a 61-run defeat on South Africa in the first T20I here on Friday.
Invited to bat, Samson blazed away to 107 off 50 balls, hitting as many as 10 sixes and seven fours to help India post 202 for 8.
The spin duo of Varun Chakaravarthy (3/25) and Ravi Bishnoi (3/28) then shared six wickets between them to bowl out South Africa for 141 in 17.5 overs.
Earlier, Samson became the first Indian to score back-to-back centuries in T20Is.
The opener notched his second T20I hundred off just 47 balls. His first had come in India's last outing against Bangladesh last month.
However, South Africa clawed their way back into the game as they stemmed the flow of runs by picking wickets in the last five overs.
Pacer Gerald Coetzee who claimed three wickets was the pick of the bowlers for the hosts.
Brief Scores:
India: 202 for 8 in 20 overs (Sanju Samson 107, Tilak Verma 33; Gerald Coetzee 3/37)
South Africa: 141 all out in 17.5 overs (Heinrich Klaasen 25; Varun Chakaravarthy 3/25, Ravi Bishnoi 3/28)
