Apollo Hospitals to acquire a 31% stake in Apollo Health & Lifestyle from International Finance Corporation for $142m.

Synopsis

Apollo Hospitals, a healthcare company that offers a range of medical services, agreed to acquire a 31% stake in Apollo Health & Lifestyle, a healthcare company, from International Finance Corporation, a provider and mobilizer of scarce capital, for $142m.

Principals

target

Apollo Health & Lifestyle (ahll)

bidder

Apollo Hospitals Enterprises

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Market Context