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BRIEF-Fortis Healthcare Approves Offer Of IHH Healthcare For Equity Infusion Of Rs 40 Bln

July 13 (Reuters) - Fortis Healthcare Ltd:

* RECEIVED TWO BINDING BIDS FROM THE TPG-MANIPAL CONSORTIUM AND IHH HEALTHCARE BERHAD

* APPROVED OFFER OF IHH HEALTHCARE FOR EQUITY INFUSION OF RS. 4,000 CRORES AT RS. 170 PER EQUITY SHARE INTO CO BY A UNIT OF IHH

* IHH'S UNIT UNDER OBLIGATION TO MAKE A MANDATORY OPEN OFFER OF RS 40 BILLION TO PUBLIC SHAREHOLDERS OF CO & FORTIS MALAR HOSPITALS Further company coverage: