Acquisitions21 Jan 2026, 04:24 pm
Apollo Hospitals to Acquire 30.58% Stake in Subsidiary Apollo Health and Lifestyle Limited for Rs 12,540.68 Million
AI Summary
Apollo Hospitals Enterprise Limited announced that its board of directors had approved the acquisition of 41,650,368 equity shares, which amounts to a 30.58% equity stake held jointly by the International Finance Corporation, Washington (IFC) and IFC EAF Apollo Investment Company (IFC EAF) in its subsidiary, Apollo Health and Lifestyle Limited (AHLL). The total purchase consideration for this acquisition is Rs 12,540.68 million, subject to approval from the Competition Commission of India. The Commission has since accorded its approval for the proposal under sub-section (1) of Section 31 of the Competition Act, 2002.
Key Highlights
- Apollo Hospitals to acquire a 30.58% equity stake in its subsidiary Apollo Health and Lifestyle Limited.
- The total purchase consideration for this acquisition is Rs 12,540.68 million.
- The acquisition is subject to approval from the Competition Commission of India.
- The Competition Commission of India has accorded its approval for the proposal under sub-section (1) of Section 31 of the Competition Act, 2002.
- The acquisition involves 41,650,368 equity shares from the International Finance Corporation, Washington (IFC) and IFC EAF Apollo Investment Company (IFC EAF).