IHH JV partner eyes stake in Apollo Gleneagles

TheStar Wed, Feb 26, 2020 11:40am - 4 years View Original


According to a report in India-based Business Standard, IHH’s 50% JV partner Apollo Hospitals Enterprise Ltd would like to purchase the former’s stake in the Apollo Gleneagles hospital.Apollo Gleneagles hospital is a 50:50 JV between Apollo Hospitals and IHH, held through its Parkway subsidiary.

PETALING JAYA: One of IHH HEALTHCARE BHD’s joint venture (JV) partners in India is interested in buying out IHH’s 50% stake in Apollo Gleneagles hospital in Kolkata, India.

According to a report in India-based Business Standard, IHH’s 50% JV partner Apollo Hospitals Enterprise Ltd would like to purchase the former’s stake in the Apollo Gleneagles hospital.

Apollo Gleneagles hospital is a 50:50 JV between Apollo Hospitals and IHH, held through its Parkway subsidiary.

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