In late, 2009, Fortis Health Care Ltd. (Fortis), a hespital shain established by the grometers of Banbaxy Laboratories Limited (RLL), acguired 10 hospitals of the Wockhardt Hospitals Group (Weckharst Heseitals), a subsidian of Weckbarst Ltd (Weckharst) for USS9.09 billien, The acquisition was bailed by expert as the biggest in the logian bealth care ingustov, It waS EXRested to benefit both Forties and Wockbardt Hospitals. Through this acquisition, Fortis was able to expand its network of hospitals. Besides the acquisition would help it have a presence in the SQuthem sastem and western states of logia therekx fertitvine its position as one of the leadina bealth care providers in Jodia, It would also aive, Fortis ascess to Wackbardt Hospitals management team. Mersever it was alse SXREsted, to help Fortis (salize its ambition of gwoiag 6,000 kess and beseming a USS 1 billion revenue gacnina somRany by 2012. Weskbarst Hospitals was expested to benefit from the acquisition as it would be able to reduce its debt burden of USS. 5 billion of the total gebt of Bs, 34 billien, Besides, it planned to expand its besritals with the remainina money. Seme analvsts oRines that the deal would strenatben Eertiss position in the bealthsare industox in Jodia. However some analvsts alse telt that Fortis bad to gxercome varieus challenges befare it sQuld ceap the benefits from the deal. By sonsidering the above facts, yoy are asked to address the below Issues:

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Your Question:

By considering the above facts, you are asked to address the below Issues:

1.Understand and appreciate the role of mergers and acquisitions as a growth strategy.
2.Understand and discuss the rationale behind Fortis's acquisition of Wockhardt Hospitals
3.Discuss the advantages and disadvantages of this decision from both Fortis's and Wockhardt Hospitals' point of view.
4.Identify the challenges Fortis is going to face in the future and explore strategies it can adopt to overcome the challenges.

In late, 2009, Fortis Health Care Ltd. (Fortis), a hespital shain established by the grometers of
Banbaxy Laboratories Limited (RLL), acguired 10 hospitals of the Wockhardt Hospitals Group
(Weckharst Heseitals), a subsidian of Weckbarst Ltd (Weckharst) for USS9.09 billien, The
acquisition was bailed by expert as the biggest in the logian bealth care ingustov, It waS EXRested
to benefit both Forties and Wockbardt Hospitals. Through this acquisition, Fortis was able to
expand its network of hospitals. Besides the acquisition would help it have a presence in the
SQuthem sastem and western states of logia therekx fertitvine its position as one of the leadina
bealth care providers in Jodia, It would also aive, Fortis ascess to Wackbardt Hospitals
management team.
Mersever it was alse SXREsted, to help Fortis (salize its ambition of gwoiag 6,000 kess and
beseming a USS 1 billion revenue gacnina somRany by 2012. Weskbarst Hospitals was expested
to benefit from the acquisition as it would be able to reduce its debt burden of USS. 5 billion of
the total gebt of Bs, 34 billien, Besides, it planned to expand its besritals with the remainina
money. Seme analvsts oRines that the deal would strenatben Eertiss position in the bealthsare
industox in Jodia. However some analvsts alse telt that Fortis bad to gxercome varieus challenges
befare it sQuld ceap the benefits from the deal.
By sonsidering the above facts, yoy are asked to address the below Issues:

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