Apollo Hospitals to hive off retail pharmacy business into a new company
- Published | 15 November 2018
Apollo Hospitals distinct pharmacy business into a separate entity. The proposed move helps Apollo to become compliant with the prescribed foreign direct investment (FDI) limits and further grow the pharmacy retail business.
India: Apollo Hospitals India's largest private healthcare provider plans to spin off its front-end retail pharmacy business into a separate entity called Apollo Pharmacies (APL), which in turn will be a wholly-owned subsidiary of Apollo Medicals (AMPL).

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