Fortis Opts for India Tycoons Over TPG, KKR in Hospital Deal
The logo for Fortis Healthcare India Ltd.’s Renkare dialysis clinic is displayed at the clinic’s reception area in New Delhi, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

Fortis Opts for India Tycoons Over TPG, KKR in Hospital Deal

(Bloomberg) -- Fortis Healthcare Ltd.’s board passed over bids backed by U.S. private-equity giants TPG and KKR & Co. in favor of local tycoons in the contentious battle for control of India’s seco...
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