“HDFC Ltd and Apollo Hospitals Group at their respective meetings approved entering into definitive agreements for HDFC to acquire the entire 50.8 per cent shareholding of Apollo Group, in Apollo Munich Health Insurance Company for ₹1,336 crore and 0.4 per cent shareholding held by a few employees for a consideration of ₹10.84 crore,” HDFC said in a release.
Apollo Hospitals sells its insurance biz to HDFC; here's what global brokerages say
HDFC to buy 51.2% in Apollo Munich Health for ₹1,347 crore
Apollo Hospitals sells its insurance biz to HDFC; here's what global brokerages say
HDFC to buy 51.2% in Apollo Munich Health for ₹1,347 crore