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Cash-strapped Fortis Healthcare has revised the deadline for submission of binding bids to July 3. Earlier on June 12, the company had extended the deadline to June 28 after shortlisting four entities - the Munjal-Burman combine, the Manipal-TPG consortium, Malaysia's IHH Healthcare Berhad, and Radiant Life Care - as possible suitors for the sale of its business. Focus of all stakeholders will be on Fortis Healthcare, which has been looking for an investor for more than a year now.
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