New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    IHH Healthcare (IHH), through its wholly-owned

    subsidiary Gleneagles Development, is going to acquire the entire remaining stake held by Ravindranath Kancherla for a total consideration of ________.
    A Rs.680 crore Correct Answer Incorrect Answer
    B Rs.740 crore Correct Answer Incorrect Answer
    C Rs.820 crore Correct Answer Incorrect Answer
    D Rs.910 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    IHH Healthcare (IHH), through its wholly-owned subsidiary Gleneagles Development, is going to acquire the entire remaining stake held by Ravindranath Kancherla and his affiliates in Ravindranath GE Medical Associates. The total purchase consideration for this transaction is approximately Rs 740 crore.

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