Following the transaction, Apollo Health and Lifestyle will become a 100%-owned subsidiary of AHEL, with 99.42% held by AHEL and the balance in the ESOP pool. “This acquisition is a decisive step that will allow for sharper capital allocation and a greater focus on select high-potential segments. With disciplined growth, improved profitability, and enhanced return on capital employed, we see Apollo Health and Lifestyle becoming a value-accretive driver in Apollo’s integrated healthcare portfolio,” said
Suneeta Reddy
, managing director, Apollo Hospitals, in a statement.
Apollo Health and Lifestyle provides out-of-hospital care through four focused verticals, including primary care and diagnostics, birthing and women’s health centres, ambulatory care centres, and dialysis and dental networks. “Each of these verticals offers an opportunity to drive focused growth strategies and value unlock,” the company said in a statement.
“International Finance Corporation has been a valuable partner, providing patient capital and facilitating the growth of AHLL. By bringing AHLL fully into Apollo’s fold, we are sharpening the business focus across its four verticals—primary care and diagnostics, birthing and women’s health, ambulatory care, and dialysis and dental,”
Sangita Reddy
, joint managing director, Apollo Hospitals, in a statement.
