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Apollo 24|7 to raise ₹2,475 crores from Advent; merges Keimed into digital arm

By Economic Times - 3 weeks ago
Apollo 24/7 is valued at an enterprise value of Rs 14,478 crores. Keimed is valued at an enterprise value of Rs 8,003 crores. Following merger, Keimed shareholders would hold a maximum of 25.7% stake in the combined entity, while AHEL would continue to remain the largest controlling shareholder with at least 59.2% stake.

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