Fortis Healthcare acquires 56% stake of Bangalore based Apollo RM

Fortis Healthcare has acquired 56% stake in Bangalore based Apollo RM hospital for an undisclosed amount through one of its wholly owned subsidiaries. However reports quoted that the deal was close to Rs 10 crore.

Apollo RM is a franchisee of India’s largest hospital chain — Apollo Hospital.

Apart from Apollo, Fortis also holds a major stake in Chennai based Malar Hospital.