IHH Healthcare to acquire remaining stake in Ravindranath GE Medical Associates for Rs 740 cr

Malaysia's IHH Healthcare Bhd on Friday said it will acquire the remaining stake in hospital chain operator Ravindranath GE Medical Associates (RGE), held by Ravindranath Kancherla and his affiliates, for around Rs 740 crore. IHH Healthcare has inked the agreement to acquire the stake in RGE through its wholly-owned subsidiary Gleneagles Development.

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