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Shares of Fortis Healthcare Ltd jumped as much as 5.5 per cent to Rs 161, its biggest intra-day percentage gain since February 23. A media report said IHH Healthcare Bhd is set to launch an open offer to buy non-promoter shares of Fortis Healthcare in the next few days. The Malaysian firm had earlier pulled out of talks to buy a stake in Fortis, announcing in June that it was not engaged in any negotiations in India at the time.
Fortis Healthcare shares have fallen 14.4 per cent in the last 12 months.
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