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Max Healthcare to Acquire Starlit Medical Centre at Enterprise Value of Rs 940 Crore; the share purchase agreement was executed for an enterprise value of Rs 940 crore through one of the company's wholly-owned subsidiaries, Crosslay Remedies Ltd
Abhay Soi-led Max Healthcare Institute Ltd said Friday it will acquire the 550-bed Sahara Hospital in Lucknow for an enterprise value of Rs 940 crore ..
The company has executed a binding share purchase agreement (SPA) for the acquisition of 100 per cent stake of Starlit Medical Centre Pvt Ltd, which had entered into a business transfer agreement with Sahara India Medical Institute Ltd for purchase of healthcare undertaking consisting of 550-bedded Sahara Hospital, Lucknow, on a slump sale basis, Max Healthcare Institute said in a statement.