Apollo Hospitals acquires 51% stake in Assam Hospitals

Apollo Hospitals has acquired a 51% stake in a Guwahati based Assam Hospitals in June 2015. Assam Hospital is a 220 bed hospital with occupancy levels of 80%. Apollo Hospitals plans to expand the capacity to 300 beds. The company is looking for inorganic growth in the north eastern region where it has no presence.

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