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May 03, 2024

Apollo Hospital Enterprises Limited on Advent International’s proposed investment of INR 2475 crores in Apollo HealthCo Limited

AZB & Partners is acting for Apollo Hospital Enterprises Limited on Advent International’s proposed investment of INR 2475 crores in Apollo HealthCo Limited (“Apollo 24|7” or “AHL”) through the subscription of compulsorily convertible preference shares over two tranches. AHL also has entered into a framework agreement to integrate and merge 100% of Keimed Private Limited. The transaction is subject to regulatory and corporate approvals.

Our deal team has Senior Partner Aarthi Sivanandh and Partner Bhavana Alexander acting for Apollo Hospital Enterprises Limited.

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These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

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