Apollo Hospitals, a leading corporate healthcare services provider in India, has acquired minority stake in Imperial Hospital & Research Centre Limited, a multi-specialty hospital..Luthra and Luthra advised Apollo Hospitals with a team led by Mumbai Partner Manan Lahoty along with Senior Associate Ravi Dubey..Imperial Hospital was advised by its in-house team..According to Dealcurry, Apollo hospitals had earlier invested Rs. 30 crore for 51 per cent stake in the Bangalore-based hospital-cum-research centre. Recently, Apollo hospitals bought 39 per cent in the hospital-cum-research centre for Rs. 90 crore to increase its total shareholding to 90 per cent..Imperial Hospitals is currently a 280-bed-tertiary-care facility focusing on the number of specialties. Apollo hospital is planning to increase the bed count by 500 in the research centre..Apollo hospitals owns partially/fully around 10 subsidiaries which includes Unique Health Care limited, AB Medical centres, Samudra Healthcare Enterprises Limited, Apollo Hospitals (UK), Pinakini Hospitals limited, Imperial Hospital and research Centre among others.
Apollo Hospitals, a leading corporate healthcare services provider in India, has acquired minority stake in Imperial Hospital & Research Centre Limited, a multi-specialty hospital..Luthra and Luthra advised Apollo Hospitals with a team led by Mumbai Partner Manan Lahoty along with Senior Associate Ravi Dubey..Imperial Hospital was advised by its in-house team..According to Dealcurry, Apollo hospitals had earlier invested Rs. 30 crore for 51 per cent stake in the Bangalore-based hospital-cum-research centre. Recently, Apollo hospitals bought 39 per cent in the hospital-cum-research centre for Rs. 90 crore to increase its total shareholding to 90 per cent..Imperial Hospitals is currently a 280-bed-tertiary-care facility focusing on the number of specialties. Apollo hospital is planning to increase the bed count by 500 in the research centre..Apollo hospitals owns partially/fully around 10 subsidiaries which includes Unique Health Care limited, AB Medical centres, Samudra Healthcare Enterprises Limited, Apollo Hospitals (UK), Pinakini Hospitals limited, Imperial Hospital and research Centre among others.
