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BRIEF-IHH Healthcare Says Unit To Subscribe To 235.3 Mln New Fortis Shares

July 13 (Reuters) - Fortis Healthcare Ltd:

* UNIT NTK ENTERED INTO A SHARE SUBSCRIPTION AGREEMENT WITH FORTIS, FOR PROPOSED SUBSCRIPTION OF 235.3 MILLION NEW FORTIS SHARES

* PROPOSED SUBSCRIPTION ENTAILS PREFERENTIAL ALLOTMENT OF SUBSCRIPTION SECURITIES BY FORTIS TO ACQUIRER FOR ABOUT 2.35 BILLION RGT

* TO SUBSCRIBE TO FORTIS SHARES BY WAY OF PREFERENTIAL ALLOTMENT OF ABOUT 31.1% OF TOTAL VOTING EQUITY SHARE CAPITAL OF FORTIS

* DEAL EXPECTED TO BE COMPLETED IN Q4 2018

* DEAL NOT EXPECTED TO HAVE ANY MATERIAL EFFECT ON EARNINGS & EPS OF GROUP FOR FY ENDING DEC 31, 2018 Source text for Eikon: Further company coverage: