Singapore Parkway Holdings, earlier commented here for going for a song three months ago, are now again an important subject matter for the Indian markets, especoally veteran dealmakers and Godhwani's favorites, Malvinder and Shivingder Singh.

Fortis Healthcare, ready to make a new offer for equity for a little over $500 million actually S$ 850 million, is now in play at that price you have on the soup you love most when you are not eating an indian lunch in the Central Business District in Singapore. Fortis has actually thence decided in true blooded business man manner that they have shpown with perspicuity in the last 2 years, selling their 23% to Khazana at $3.95 making a tidy profuit for their fledgling concern, though now it is much a case of sour grapes as they have been unable to get a deal without stretching their pockets from the Ranbaxy deal. Nevertheless, a reat decision for Fortis Healthcare, and a renewed focus on the group in 2-3 months

Posted via email from The investment blog on Post