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Max India to Sell Stake in Healthcare Services to Radiant Life, KKR

Healthcare company Max India Ltd will sell a stake in its healthcare services joint venture Max Healthcare Institute Ltd to Radiant Life Care Pvt Ltd and global investment firm KKR.

Reuters

Updated:December 24, 2018, 3:36 PM IST
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Max India to Sell Stake in Healthcare Services to Radiant Life, KKR
Radiant Life backed by Global Investment Firm KKR will aquire Max Healthcare (Image: REUTERS)
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Healthcare company Max India Ltd said on Monday it will sell a stake in its healthcare services joint venture Max Healthcare Institute Ltd to Radiant Life Care Pvt Ltd and global investment firm KKR.

The deal includes Radiant Life's purchase of a 49.7 percent stake in Max Healthcare from South Africa-based hospital operator Life Healthcare International Proprietary Ltd.

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