Apax scores 2.7x returns on debut exit in India; sells 4.6% in Apollo Hospitals for $98M

Private equity major Apax Partners has sold a little less than half of its 9.67 per cent stake in Apollo Hospitals Enterprises Ltd, India’s largest hospital company by market value, through open market share sale. Apax sold 4.56 per cent stake for Rs 530 crore ($98.3 million) on the Bombay ......