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BRIEF-IHH Healthcare updates on the disposal of stake in Apollo Hospitals
May 19, 2017 / 9:48 AM / in 7 months

BRIEF-IHH Healthcare updates on the disposal of stake in Apollo Hospitals

May 19 (Reuters) - Ihh Healthcare Bhd-

* Refer to the announcement in relation to the disposal of 6.07% equity interest in apollo hospitals enterprise limited

* Deal for total cash consideration of inr8.198 billion

* Unit has disposed its remaining shareholdings in apollo comprising 6.7 million ordinary shares of inr5.00 each

* Save for an extraordinary gain of 559.038 million rgt , transactions are not expected to have any material effect on eps of group for fy ending 31 Dec 2017 Source text (bit.ly/2q08dpy) Further company coverage:

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