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Fortis Healthcare is reportedly looking to buy a majority stake in Wockhardt Hospital. The deal size could be as big as over $100 million. Religare is likely to be the advisor for the deal and the deal is likely to be funded via internal accruals, the reports added.
Meanwhile, Wockhardt is looking for potential buyers for its French subsidiary Negma Laboratories to repay its debt to investors. It had bought the Paris-based firm for $265 million in May 1997.
The board of K Sera Sera Productions has approved raising up to $100 million through equity or debt.
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