PRAGUE (April 24): IHH is likely to file a binding offer before the April 25 deadline set by the Fortis board, ET Online reports, citing an unidentified person familiar.
* IHH has already submitted its non-binding expression of interest to the board
* IHH did not answer a request for comment from ET Online
* IHH has been conducting due diligence of Fortis for the past 7-8 months: ET Online cites an unidentified person familiar
* Fortis has 2 binding offers and 3 non-binding offers
* NOTE: April 19, IHH Says It’s Ready to Infuse up to INR4,000 Crores Into Fortis