Apollo Hospitals to secure IFC’s stake in Apollo Health and Lifestyle
Apollo Hospitals announced a new 100-bed oncology centre with a $64.9m investment. Credit: Alexander Steamaze / Shutterstock.com. Apollo Hospitals Enterprise (AHEL) in India has announced its plans to acquire International Finance Corporation’s (IFC) 31% equity stake in its retail healthcare subsidiary, Apollo Health and Lifestyle (AHLL). This move involves a Rs12.54bn ($142m) transaction, making Apollo…