PE fund, veteran i-bankers to pick up majority stake in India's top pharmacy chain
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PE fund, veteran i-bankers to pick up majority stake in India's top pharmacy chain

By Joseph Rai

  • 14 Nov 2018
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PE fund, veteran i-bankers to pick up majority stake in India's top pharmacy chain
Credit: Pixabay

A private equity firm and two of India's most well-known investment bankers are acquiring a majority stake in the retail pharmacy business of India’s top hospital chain. Apollo Hospitals Enterprise Ltd said in a stock market disclosure on Wednesday it will spin off its front-end retail pharmacy business into Apollo Pharmacies ......

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