Apollo Hospitals plans to sell maternity care arm

Apollo Hospitals Enterprises is planning to divest its maternity and infant care chain, Apollo Cradle and Children's Hospital (ACCHL). Allegro Capital has been appointed to find a buyer for ACCHL, with an estimated valuation of ₹1,000-1,200 crore. The sale process is underway, targeting leading private equity funds amidst a growing mother and child care market in India.

from Healthcare/Biotech-Industry-Economic Times https://ift.tt/az9KyWd
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