Evexia Lifecare acquires 51% of Vittals MediCare, strengthening international healthcare presence and investing Rs 190 crores in UAE-based healthcare LLCs.

Evexia Lifecare Limited is expanding its global presence by acquiring a 51% stake in Vittals MediCare for Rs 35 crores, making it a subsidiary. This move enhances Evexia's diagnostics capabilities. Concurrently, Evexia Lifecare Africa plans to invest Rs 190 crores in 10 UAE-based healthcare LLCs, gaining control over a new Special Purpose Vehicle. These strategic acquisitions aim to strengthen Evexia's position in international healthcare markets.

October 08, 2024
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