Apollo Hospitals to acquire 60% stake in AyurVAID Hospitals for Rs 26.3cr

Apollo Hospitals to acquire 60% stake in AyurVAID Hospitals for Rs 26.3cr

Apollo Hospitals Enterprise has agreed to acquire a stake of 60% in Ayurveda hospital chain Kerala First Health Services (AyurVAID Hospitals) for INR 26.37 crores through a mix of primary and secondary capital infusion. Founded in 2005, AyurVAID Hospitals currently has eight in-patient hospitals in India, located across Bangalore, Kochi, Almora, and Gurugram. Treatment stages […]

Apollo Hospitals to buy 64% stake in Excelcare Hospital, Guwahati

Apollo Hospitals to buy 64% stake in Excelcare Hospital, Guwahati

Apollo Hospitals Enterprise Ltd has agreed to acquire a 64% stake in Asclepius Hospitals and Healthcare, which operates the Excelcare Hospital, a 180-bed multi-specialty hospital in Guwahati. The enterprise value of Asclepius Hospitals and Healthcare as per the terms of the deal is INR 210 crores. Apollo Hospitals Enterprise will execute the deal via its […]