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Apax Reaps $97M From Indian Hospital Co. Stock Sale

By Jake Simpson (February 11, 2013, 3:49 PM EST) -- U.K. private equity house Apax Partners LLP has sold half of its 9.6 percent stake in Apollo Hospitals Enterprise Ltd., India's largest hospital owner, to Oppenheimer Funds Inc. for more than 5.2 billion Indian rupees ($96.9 million), an Apax spokesman said Monday....

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