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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.

India , Shobana-kamineni , Suneeta-reddy , Apollo-healthco , Pankaj-patwari , Prathapc-reddy , Apollo-hospitals-group-chairman , Apollo-healthco-limited-or , Keimed-private , Apollo-hospitals-enterprise , Advent-international , Apollo-healthco-limited

Apollo Hospitals' unit to raise Rs 2,475 crore from PE firm Advent

Advent shall invest in compulsory convertible instruments over 2 tranches to secure 12.1% stake in the merged entity, by valuing the combined entity at an enterprise value of Rs22,481 crore

India , Suneeta-reddy , Prathapc-reddy , Shobana-kamineni , Apollo-healthco , Pankaj-patwari , Sangita-reddy , Preetha-reddy , Shweta-jalan , Apollo-hospitals-group , Apollo-hospitals-enterprise , Keimed-private

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.

India , Shweta-jalan , Shobana-kamineni , Prathapc-reddy , Apollo-healthco , Suneeta-reddy , Advent-international , Keimed-private-limited , Apollo-hospitals-group , Apollo-hospitals ,

Apollo Hospitals' unit to raise Rs 2,475 crore from PE firm Advent International

Apollo HealthCo Ltd (Apollo 24|7) on Friday announced it would raise equity capital of Rs 2,475 crore from leading private equity (PE) investor Advent International.A subsidiary of Apollo Hospitals, Apollo 24|7 said it has also entered into a ...

India , New-delhi , Delhi , Shweta-jalan , Shobana-kamineni , Prathapc-reddy , Advent-international , Apollo-healthco-ltd , Keimed-private-ltd , Apollo-hospitals-group , Apollo-hospitals , Executive-vice-chairperson

Apollo Hospitals' Unit To Raise Rs 2,475 Crore From PE Firm Advent International

Apollo Hospitals' Unit To Raise Rs 2,475 Crore From PE Firm Advent International
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

New-delhi , Delhi , India , Shobana-kamineni , Prathapc-reddy , Shweta-jalan , Keimed-private-ltd , Apollo-hospitals-group , Advent-international , Apollo-healthco-ltd , Apollo-hospitals , Executive-vice-chairperson

Ram Charan's 39th birthday today: Who is Ram Charan's wife? What's the net worth of 'India's richest celebrity couple'

Ram Charan, the renowned Telugu actor-producer, celebrates his 39th birthday today, known for his stellar performances in blockbusters like "Magadheera." With accolades like two Nandi Awards and three Filmfare Awards, he's a fixture on Forbes India's Celebrity 100 list. Married to Upasana Konidela, their combined net worth of Rs 2,500 crore solidifies them as India's richest celebrity couple, boasting luxury possessions and philanthropic ventures.

Hyderabad , Andhra-pradesh , India , Chennai , Tamil-nadu , Upasana-kamineni , Prathapc-reddy , Konidela-ram-charan , Upasana-konidela , Ram-charan , Shobana-kamineni , Ferrari-portofino

Pics: Ram Charan visits Tirupati temple with wife Upasana on his birthday

Ram Charan and his wife, Upasana, along with his family, visited the Tirumala temple to seek blessings from Lord Venkateswara. He is celebrating his 39th birthday today, March 27.

Ram-charan-jarugandi , Tirupati-balaji-temple , Shobana-kamineni , Arjun-pushpa , Ram-charan , Jahnvi-kapoor , Upasana-kamineni , Buchi-babu-sana , Andhra-pradesh , Actor-ram-charan , Tirupati-balaji

Meet actor who made Bollywood debut with superstar, film was mega flop, still charges Rs 100 crore per film, wife is..

After the bumper success of the film 'RRR', Ram Charan's demand has increased a lot in the film industry. Now, big directors and producers yearn to do films with him. According to media reports, before the release of the 'RRR', Ram Charan used to charge Rs 15 crore as fees for a film.

India , Ram-charan , Govindudu-andarivadele , Priyanka-chopra , Prathapc-reddy , Shobana-kamineni , Rajamouli-magadheera , Upasana-kamineni , Klin-kaara-konidela , Govindudu-andarivadele- , Executive-chairman

PIC: Upasana Konidela shares special moment as she celebrates Lakshmi Pooja with her mother and mother-in-law

Upasana Konidela shares a vibrant and special moment with her mother Shobana and mother-in-law Surekha during the Lakshmi pooja ceremony. Check it out!

Vizag , Andhra-pradesh , India , Klin-kaara , Shobana-kamineni , Buchi-babu-sana , Upasana-kamineni-konidela , Upasana-lakshmi , Surekha-konidela , Karthik-subbaraj , Upasana-konidela , Lakshmi-pooja

Doctor, Father, Entrepreneur: Here's what makes Apollo Hospitals founder Dr. Prathap C. Reddy one of India's best-known business tycoons

Doctor, Father, Entrepreneur: Here's what makes Apollo Hospitals founder Dr. Prathap C. Reddy one of India's best-known business tycoons
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

India , Delhi , Chennai , Tamil-nadu , China , Greece , Greek , Preetha-reddy , Sucharitha-reddy , Indraprastha-apollo , Indira-gandhi , Sangita-reddy