27/9/2024, 11:38:03 am

Max Healthcare to acquire 64% stake in Jaypee Healthcare for Rs 398 crore

Max Healthcare Institute Ltd. has signed a Share Purchase Agreement (SPA) with Jaypee Infratech Ltd. and Lakshdeep Group to acquire a controlling 63.65 percent stake in Jaypee Healthcare Limited (JHL) for an aggregate consideration of approximately Rs 398 crore. The deal is part of Max Healthcare's strategy to expand its footprint in the National Capital Region (NCR), it said.