Delhi-based Fortis Healthcare today said that it is acquiring 23.9 per cent stake in Parkway Holdings, one of the Asia's largest healthcare service providers, from TPG Capital in an off-market deal.

Though Fortis has not disclosed the deal size, agency reports said that it could Rs 3,150 crore ($685 million).

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In August last year, Fortis bought 10 hospitals from Wockhardt for Rs 900 crore.

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