23.85 (0.34%) In a bid to expand its presence in Indian sub-continent, West Asia and Africa, Apollo Hospitals Enterprise is in talks with Singapore-based hospital operator -- Parkway Holdings -- on a prospective tie-up. However, the company declined to elaborate further on the tie-up, and expecting the deal to be concluded in the next few weeks.
Earlier in July, 2010, Malaysian sovereign wealth fund Khazanah Nasional bought Parkway, for $2.56 billion and paid Rs 470 crore for a minority stake in Apollo Hospitals.