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Mergers & Acquisitions | 7 June 2012

Apollo To Acquire Imperial Hospital's Research Centre

by Sushil Surana
Apollo To Acquire Imperial Hospital's Research Centre
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Apollo Hospitals Enterprise Limited is acquiring remaining stake in Imperial Hospital and Research Centre from Imperial Hospital.

In 2005, Apollo hospitals invested R30Cr for 51% in the Bangalore -based hospital-cum-research centre.

Recently, Apollo hospitals bought 39% in the hospital-cum-research centre for R90Cr to increase its total shareholding to 90%.

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