December 24, 2018 / 9:18 AM / 3 months ago

Max India to sell stake in Max Healthcare to Radiant, KKR

Dec 24 (Reuters) - Healthcare company Max India Ltd said here 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. (Reporting by Arnab Paul in Bengaluru; Editing by Sunil Nair)

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