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Emami Group weighs strategic options for pharmacy retail chain Frank Ross

Emami Group weighs strategic options for pharmacy retail chain Frank Ross
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Stocks that will see action today: April 29, 2024 - The Hindu BusinessLine

Stocks that will see action today: April 29, 2024 - The Hindu BusinessLine
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Apollo 24|7 raises Rs 2475 Cr from Advent International

Apollo 24|7 raises Rs 2475 Cr from Advent International
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Apollo healthcoAdvent internationalKeimed privateApollo hospitals enterprise limitedKeimed private limited

Apollo 24/7 secures Rs 2,475 cr investment and 12 1% Advent stake in mega merger with Keimed

The combined entity is valued at Rs 22,481 crore, positioning it as a leading retail health company in India. The merger aims to deliver substantial industry benefits and a pan-India presence, enhancing access to genuine medicines for 1.4 billion Indians within 24 hours.

Shobana kamineniSuneeta reddyApollo healthcoPankaj patwariPrathapc reddyApollo hospitals group chairmanApollo healthco limited orKeimed privateApollo hospitals enterpriseAdvent internationalApollo healthco limitedApollo hospitals enterprise limitedKeimed private limitedApollo hospitals groupExecutive vice chairpersonApollo hospitals

Apollo Hospitals: Apollo 24|7 to raise ₹2,475 crores from Advent; merges Keimed into digital arm

Apollo 24/7 is valued at an enterprise value of Rs 14,478 crores. Keimed is valued at an enterprise value of Rs 8,003 crores. Following merger, Keimed shareholders would hold a maximum of 25.7% stake in the combined entity, while AHEL would continue to remain the largest controlling shareholder with at least 59.2% stake.

Shweta jalanShobana kamineniPrathapc reddyApollo healthcoSuneeta reddyAdvent internationalKeimed private limitedApollo hospitals groupApollo hospitals