Munich Health in talks to up stake in Apollo JV

Industry: Healthcare 2015-12-14

NEW DELHI: The Germany-based Munich Health is considering raising its stake in Indian joint venture, Apollo Munich Health Insurance, from the current 26 per cent. The promoters of Apollo Munich are in talks on raising the foreign stake in the JV, a top official of Apollo Munich Health Insurance said. Apollo Munich Health Insurance is a joint venture between Apollo HospitalsBSE 1.00 % Group and Munich Health. However, the official did not divulge information on if the .. Read more at: http://economictimes.indiatimes.com/articleshow/50159146.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Source: Economic Times

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