Apollo Hospitals Enterprise Ltd.

Chennai-based hospital chain Apollo Hospitals, reportedly has confirmed that it is in talks with private equity player Kohlberg Kravis Roberts and Co (KKR) to divest a stake in the holding company, PCR Investments. Further, the negotiations for the sale are ongoing and are expected to be concluded over the next few weeks. KKR could pick up 7% stake in PCR investments, which would turn into to 3-4% of Apollo Hospitals' stake.

In a separate development, Apollo Hospitals is also looking at starting on its international expansion over the next 2-3 years and is in talks with 2-3 countries to start day care clinics and hospitals, with Tanzania being the first destination.