India: Suneeta Reddy sells 3.6% block in Apollo Hospitals

Suneeta Reddy, managing director and part of the promoting family of the Apollo Hospitals, India’s largest hospital chain, has sold a 3.6% block in the group to raise Rs7.4bn (US$104m). She sold 5 million shares at Rs1,482.50 per share. This was at an almost 1% discount to the pre deal close of the shares, but…

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