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      • Apollo Hospitals Enterprise Ltd (AHEL) announced a strategic agreement on September 27, 2024, to sell a 16.9% stake in its material subsidiary, Apollo Healthco Ltd (AHL), to Rasmeli Ltd, an affiliate of global private equity firm Advent International. The deal is valued at Rs 2,475 crore.
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  2. The Competition Commission of India (CCI) has approved the proposed combination involving acquisition by Advent (through Rasmeli) in Apollo Healthco, acquisition by Apollo Healthco in Keimed and Merger of Keimed into Apollo Healthco.

  3. 2 days ago · The deal, valued at ₹2,475 crore, will be executed in two tranches, reducing Apollo Hospitals’ stake in Apollo Healthco from 94.91% to 78.879%, on a fully converted basis. Shares of Apollo Hospitals Enterprise Ltd ended at ₹7,239, up by ₹75.10, or 1.05%, on the BSE.

  4. Sep 1, 2024 · The proposed combination comprises the following steps: (i) Rasmeli Investment: Rasmeli proposes to make a minority investment in AHL over two tranches along with certain rights in AHL; (ii) AHL’s investment in Keimed: AHL proposes to acquire certain shares in Keimed through primary and secondary transactions in a phased manner; (iii) Keimed ...

  5. Aug 20, 2024 · The Competition Commission of India (CCI) has approved the proposed combination involving acquisition by Advent (through Rasmeli) in Apollo Healthco, acquisition by Apollo Healthco in Keimed...

  6. Aug 21, 2024 · New Delhi [India], August 21 (ANI): The Competition Commission of India (CCI) said that it has approved the proposed combination involving the acquisition by Advent (through Rasmeli) in Apollo Healthco, acquisition by Apollo Healthco in Keimed and Merger of Keimed into Apollo Healthco.

  7. Apr 26, 2024 · Apollo HealthCo, a subsidiary of Apollo Hospitals on Friday said it has entered into a binding agreement to raise equity capital of Rs 2,475 crores from private equity firm Advent International.