Chennai, Sept. 12 -- Announcng two major milestones in its growth journey, Apollo Hospitals to acquired 31 per cent stake in IFCvalued at Rs 1,254 crore and will be launching a 100-bedded Oncology Centre in Gurugram.
Decisions to this effect were taken at its board meeting which concluded this evening, a hospital release said tonight.
The decisions were acquisition of IFC's 31% stake in Apollo Health & Lifestyle Ltd (AHLL) for Rs1,254 crore.
This move consolidates AHLL as a near wholly-owned subsidiary of Apollo Hospitals Enterprise Ltd (AHEL), enabling sharper capital allocation, stronger synergies, and accelerated growth across its consumer-first verticals like diagnostics, women's health, ambulatory care, and dialysis & dental.
It wa...