Apollo Hospitals acquires 30.58% stake in AHLL for ₹12,540.68 million
pre-market1 source ↓written by the desknot a recommendation
- in Apollo Health
- 30.58% equity stake
- Lifestyle Limited
- ₹12,540.68 million
- in AHLL
- 99.42%
Apollo Hospitals Enterprise Limited has completed the acquisition of a 30.58% equity stake in Apollo Health and Lifestyle Limited for ₹12,540.68 million. This transaction increases its shareholding in AHLL to 99.42%. The shares were acquired from International Finance Corporation and IFC EAF Apollo Investment Company, enhancing Apollo's control in the healthcare sector. 💊
Not investment advice. For informational purposes only.