There is no denying that since the day the Singh brothers have moved on from Ranbaxy, they have been very aggressive in setting the other subsidiaries.

In fact, Fortis has been one of the names that have been one of the most aggressive companies from the past couple of years.

It is to be mentioned here that the shares of the company clocked an intraday high of Rs 176.95 and an intraday low of Rs 173.20 while the shares were up 2.72% at Rs. 175.75 at 9 AM. The company has recently said that it has bagged the health care operations of the HK based co Quality Healthcare Asia for Rs 882 crore.

According to the statement issued by the company, the acquired businesses by the company will acquire five subsidiaries of QHA but the elderly healthcare businesses of QHA will not be part of the deal.

Moreover, the company also said that its business will comprise of a network that will have close to 60 owned medical centres, close to 500 affiliated clinics, 40 dental and physiotherapy centres and a private nursing agency. It is expected that the agreement will also lead to change in the name of the target company as the word quality is expected to be removed from its name.