Mauritius hospital to receive investment from Fortis Health
Thursday saw an announcement coming from medical service provider Fortis Healthcare that a controlling stake in Mauritian hospital 'Clinique Darne' would be jointly acquired by it with CIEL Group for a total of $7 million.
The domestic firm confirmed, "Fortis, through its wholly-owned subsidiary Novelife Ltd, has joined hands with Mauritian group CIEL for acquiring a controlling stake in the overseas private hospital -- Clinique Darne -- with an investment of $3.5 million each."
The hospital would be rechristened 'Fortis Clinique Darne', once the acquisition process is completed.
Furthermore, even the operations and management of the hospital has been taken over by Fortis, which also plans to develop it into a large super specialty hospital of the nation.
A joint statement specified, "The decision to acquire the controlling stake in the Mauritian hospital was part of Fortis' plans to spread its footprints in developed countries and replicate its successful business model across the world."