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Exclusive: Aurobindo Pharma promoters open new front in Continental Hosp founder vs IHH Healthcare fight
October 7, 2019 | By Moneycontrol.com
business
The Aurobindo family will fund gastroenterologist Gurunath Reddy buy out stake held by IHH Healthcare, and ring-fence Continental Hospitals from other prospective buyers.
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Promoters of Aurobindo Pharma are going to fund entrepreneur Dr T Gurunath Reddy in his buy-out of stake held by Parkway Pantai, backed by IHH Healthcare, in Hyderabad-based Continental Hospitals. The deal is valued over Rs 600 crore. It will be a sort of co
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