New Delhi: Manipal Health Enterprises Pvt Ltd (MHEPL) on Sunday revised yet again its offer for Fortis Healthcare Ltd (FHL), raising the value to Rs 8,358 crore.

"For the purpose of the merger, we propose a value of Rs 8,358 crore to be attributed to FHL and a value of Rs 6,070 crore to be attributed to MHEPL," the revised offer said, according to a Fortis filing on the BSE. It translates into Rs 160 per equity share.

Manipal also offered to subscribe to the equity shares of Fortis by way of preferential allotment for Rs 2,100 crore at a price per equity share of Rs 160.

The move is aimed at helping the Fortis deal with short term liquidity concerns, repayment of existing loans and payment for the acquisition of the relevant Indian entities from Religare Health Trust, MHEPL said in its revised offer to the Fortis board.

Manipal Health has also offered to merge itself with FHL to create one of the leading healthcare platforms in India, the filing said.