According to the Bloomberg report, Fortis Healthcare would first need to raise cash to fund the buyout. It plans to do so by bringing in a new strategic investor. IHH Healthcare Berhad (KLSE:IHH) was named as a strategic bidder, while KKR & Co.

L.P. (NYSE:KKR), Telares Palo Grande C.A. (CCSE:TPG) Bain Capital Ltd are said to be in talks about a possible deal with Indian hospital operator.