Apollo Hospitals to Acquire AHLL Stake, Expand Oncology

Apollo Hospitals is buying a bigger share of its health and lifestyle business for ₹1,254 crore.

They are buying from International Finance Corporation.

This will make Apollo Health almost fully owned by Apollo Hospitals.

Apollo also plans to build a new cancer center in Gurugram, including a proton beam therapy system.

This expansion will cost ₹573 crore.

The company wants to make its cancer business much bigger in the next few years.

This will add capacity for more cancer patients each year.