The Competition Commission of India (CCI) has approved a series of acquisitions and mergers involving Advent International. Advent, through its subsidiary Rasmeli, will make a minority investment in Apollo Healthco Limited (AHL) over two phases, acquiring specific rights in AHL. Apollo Healthco, in turn, will acquire shares in Keimed through phased primary and secondary transactions. Following these investments, Keimed will merge into AHL. Advent is a global Private Equity firm focusing on business services, healthcare, industrial, retail, and technology sectors. AHEL and AHL are prominent healthcare providers in India, with AHL operating the Apollo 24|7 platform and engaging in pharmacy distribution. CCI’s approval marks a significant step in the restructuring of Apollo’s healthcare operations.
Healthcare Services, Private Equity, Pharmaceutical Distribution, Regulatory Approval,India, Cyprus
https://mergersacquisitions.einnews.com/article/737027684/m78wYR6yPGAegBi_?ref=rss&ecode=Q1vNcweEggLWKz7L