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Max Healthcare to acquire 550 bedded Sahara Hospital for Rs 940 crore

New Delhi: Max Healthcare Institute Ltd today announced the execution of binding Share Purchase Agreement (SPA) for acquisition of 100% stake of Starlit Medical Centre Pvt. Ltd. (Starlit) for an enterprise value of Rs 940 Crores through one of its wholly owned subsidiaries, Crosslay Remedies Limited (CRL).
Starlit had entered into a Business Transfer Agreement (BTA) with Sahara India Medical Institute Ltd for purchase of Healthcare Undertaking consisting of 550 bedded Sahara Hospital, Lucknow, on a slump sale basis.
Kajal Rajput joined Medical Dialogues as an Correspondent for the Latest Health News Section in 2019. She holds a Bachelor's degree in Arts from University of Delhi. She manly covers all the updates in health news, hospitals, doctors news, government policies and Health Ministry. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751