Grapevine: IFC may exit Apollo’s clinic chain; MUFG renews bid for Yes Bank
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Grapevine: IFC may exit Apollo’s clinic chain; MUFG renews bid for Yes Bank

By Sreeja Biswas

  • 04 Oct 2024
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Grapevine: IFC may exit Apollo’s clinic chain; MUFG renews bid for Yes Bank
Credit: 123RF.com

Apollo Hospitals Enterprise Ltd plans to sell a significant stake in its subsidiary, Apollo Health & Lifestyle Ltd (AHLL), to facilitate the exit of International Finance Corp (IFC), a media report said.  The stake sale will allow IFC to exit, while Apollo plans to raise additional capital to expand its clinic ......

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