Briefly Business: Apax sells stake in Apollo Hospitals for Rs 1,034 crore

Global private equity firm Apax Partners has sold its holding in the hospitals and pharmacy chain operator Apollo Hospitals Enterprise with the sale of its entire 12.67 per cent stake for Rs 1,034 crore

Written by Agencies | Published: March 13, 2012 1:43:58 am

Apax sells stake in Apollo Hospitals for Rs 1,034 crore

Mumbai: Global private equity firm Apax Partners has sold its holding in the hospitals and pharmacy chain operator Apollo Hospitals Enterprise with the sale of its entire 12.67 per cent stake for Rs 1,034 crore. Apax sold the stake,held through two of its funds — Apax Mauritius FII Ltd and Apax Mauritius FDI One Ltd — through bulk deals at the stock exchanges.

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