Apollo to finalise project tie-up with Khazanah soon

Chennai-based Apollo Hospitals Group would finalise the framework for its proposed cooperation with Malaysian sovereign wealth fund Khazanah in a few weeks.

“The plan is already there. We are now talking about the possible final terms. Hopefully, in the next few weeks we will be able to decide the road map for the projects. Together, we aim to become global players," said group chairman C Prathap Reddy. Khazanah holds over 11.2 per cent stake in Apollo Hospitals.

Stating that the road map would not confine to just India operations, he said.