Apollo Hospitals Enterprise to acquire 31% stake held by International Finance Corporation in Apollo Health and Lifestyle for ₹1,254 crore
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…