Apollo Eyes Purchases In Peru And Spain

June 2008 | Company News Alert

In an effort to expand into South America and Western Europe, Indian healthcare provider Apollo Hospitals Group is evaluating acquisition targets in Peru and Spain. The group has set aside more than INR1,000 crore (US$236mn) to buy tertiary level facilities in both countries. While Apollo is undoubtedly looking at growth markets, it is BMI's view that the company is still keen on the UK, which spends significantly more on healthcare - both in absolute and per capita terms - than either Spain or

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