Malaysian funds swap Apollo Hospital stakes
Malaysian sovereign wealth fund Khazanah Nasional Bhd has invested INR470 crore ($104 million) in leading Indian healthcare chain Apollo Hospitals, taking a 8.82 % stake from Bisikan Bayu Investments, another Malaysian government fund.
The transaction was made by Integrated (Mauritius) Healthcare Holdings, an investment vehicle of Khazanah, and made under an internal arrangement within the Malaysian government. After the share transfer,...
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