India, May 23 -- Totally plc (TLY.L), a healthcare service provider, on Friday said it received several offers for parts of its business following its Strategic Review announced on May 1. The Board plans to sell whole or parts of subsidiaries.
The Board is reviewing these offers.
"The Board has now concluded the Disposals of the subsidiaries are the only realistic route for the Group to fund these liabilities in the required timeframe," the company said in a statement.
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However the sale proceeds may not be enough to meet all its future obligations, Totally said. This would mean there could be no value in the ordinary shares of the company or any possible...