IHH pares down Apollo Hospitals stake

The Malaysian hospital chain operator seen open to other opportunities in the Indian healthcare sector after it trims stake in local partner for $160 million.

IHH Healthcare sold over half its holding in Apollo Hospitals Enterprise for Rs10.7 billion ($160 million) on Thursday, paving the way for it to enter into fresh partnerships with other Indian healthcare providers.

¬ Haymarket Media Limited. All rights reserved.

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