IHH could make more acquisitions in India after its recent stake sale


PETALING JAYA: Despite recently divesting its 10.85% stake in India-based Apollo Hospitals, one research house reckons that IHH Healthcare Bhd is actively scouring the country for more acquisition opportunities.

CIMB Research believed that the sale, which netted the group some RM1.26bil, was a positive development and would be reinvested into India again in the future as part of its broader strategy in the country.

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