IFC converts remaining FCCBs of Apollo Hospitals

By Madhav A Chanchani

  • 07 Jun 2012
Premium

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 times on its three-year-old investment besides getting more shares due to the ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.