Munjals, Burmans raise their bid for Fortis to ₹1,500 crore

The Munjals of Hero Enterprise and Burmans of Dabur Group have raised their offer to invest in Fortis Healthcare by ₹250 crore to ₹1,500 crore. To make the offer attractive, they have dropped the condition of a due diligence. Apart from the Munjal-Burman team, Manipal Health, IHH Healthcare, and China's Fosun International have made offers to invest in Fortis.