PETALING JAYA: IHH Healthcare Bhd
will be taking up a 73.4% stake in an India-based private hospital chain for 12.84 billion rupees (RM819mil) to expand its operations in the world’s second-most populous country.
In a statement, IHH said it had yesterday signed definitive agreements via its indirect wholly-owned subsidiary Gleneagles Development Pvt Ltd to take up the majority stake in Ravindranath GE Medical Associates Pvt Ltd (Global Hospitals).
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