PE firm Advent to invest $297m in India's Apollo HealthCo

PE firm Advent to invest $297m in India's Apollo HealthCo

PE firm Advent International will invest 24.75 billion rupees (nearly $297 million) in Apollo Hospitalsunit Apollo HealthCo and will merge its online pharmacy vertical ‘Apollo 24/7′ with pharmacy distributor Keimed, the hospital chain operator said on Friday.