APOLLO HOSPITALS EXPANDS PRESENCE IN KOLKATA

Apollo Multispeciality Hospitals Limited, which is a 100% subsidiary of Apollo Hospitals Enterprise Ltd (“Apollo”) , India’s largest integrated healthcare provider, today announced its acquisition of a partially built hospital in Sonarpur, Kolkata with a total capacity of 325 beds as an asset sale.
The first phase of the hospital with 225 beds built over 1.75 lakh square feet will be commissioned in the next 12 months and will bring Apollo’s hallmark levels of care to more consumers in the eastern region by delivering state-of-the-art healthcare across all broad and high-end specialties including a comprehensive Oncology services with Radiotherapy. The acquisition is being fully funded by Apollo Multi Speciality Hospitals through its own internal accruals.