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Munjal-Burman express confidence over Fortis bid

Updated : May 17, 2018 08:07 PM IST

The Munjal-Burman proposal, if accepted, will immediately infuse an upfront amount of Rs 1,050 crore, valuing the company at over Rs 9,000 crore.
Fortis Board has appointed an "expert advisory committee" (EAC) to review all the binding proposals for fund infusion.
Munjal-Burman express confidence over Fortis bid
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