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Thursday, June 7, 2012 - 12:07 IST
IFC converts remaining FCCBs of Apollo Hospitals
BY Madhav A Chanchani
The World Bank arm will book a profit of over two times besides getting more shares due to rupee depreciation.
International Finance Corporation (IFC) is converting its remaining FCCBs of Apollo Hospital Enterprises Ltd (India’s largest hospital company by market value) for a little over 1 per cent stake. The World Bank arm will book a profit of over two...
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