CCI nod for Advent acquisition in Apollo Healthco

Banking & Finance

The Competition Commission of India (CCI) has approved Advent International's acquisition of Apollo Healthco. This deal, valued at around $1.3 billion, involves Advent taking a significant stake in Apollo Healthco, a leading healthcare services provider in India. The acquisition aims to enhance Apollo Healthco's capabilities and expand its reach within the Indian healthcare market. The CCI's approval is a crucial step for Advent as it seeks to strengthen its position in the healthcare sector. The transaction is expected to be completed in the coming months, pending final regulatory clearances.


      Advent International aims to leverage Apollo Healthco’s network to enhance healthcare services and innovation in India.

      The acquisition will enable Apollo Healthco to access additional capital and resources for expansion and development.

     

 

     


About CCI,

Chairman: Ravneet Kaur
Headquarters: New Delhi
          ____________________________