Apollo Hospitals Enterprise (AHEL) in India has announced its plans to acquire International Finance Corporation’s (IFC) 31% equity stake in its retail healthcare subsidiary, Apollo Health and Lifestyle (AHLL). This move involves a Rs12.54bn ($142m) transaction, making Apollo Health and Lifestyle a wholly owned subsidiary of AHEL. The acquisition requires approval from the Competition Commission of India. The definitive share purchase agreements involve Apollo acquiring a 30.58% equity stake held by IFC ...