CCI nod for Apollo restructuring: Healthco, Keimed to merge into Healthtech; separate listing plan on track
Competition Commission of India has approved Apollo Hospitals' restructuring plan. The plan involves Apollo Healthco, Keimed, and Apollo Healthtech. It includes demerger and merger of entities. Apollo Healthtech shares will be listed on stock exchanges. CCI also cleared IRB InvIT Fund's acquisition of tollway companies. Rieter's acquisition of Oerlikon Textile also got approval.
Competition Commission of India has approved Apollo Hospitals' restructuring plan. The plan involves Apollo Healthco, Keimed, and Apollo Healthtech. It includes demerger and merger of entities. Apollo Healthtech shares will be listed on stock exchanges. CCI also cleared IRB InvIT Fund's acquisition of tollway companies. Rieter's acquisition of Oerlikon Textile also got approval.
