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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 joined Medical Dialogue in 2019 for the Latest Health News. She has done her graduation from the University of Delhi. She mainly covers news about the Latest Healthcare. She can be contacted at editorial@medicaldialogues.in.