Apollo Hospitals looks at acquisition in North and West

The hospital chain is expected to invest around Rs 300 crore during this year

Apollo Hospitals Enterprise Ltd (AHEL), India's largest healthcare provider by market value, is considering the acquisition of small hospitals in northern and western parts of India.

The company, which has been pursuing plans for the rights issue of around Rs 750 crore, said that it would look at other modes of fund raising also if the approvals for the rights issue is not coming by in next six months.

Apollo Hospitals had last year acquired a majority stake in Guwahati-based Assam Hospitals and has now entered into the North-East market through the facility. The plans are to look at further