Trilegal, AZB, Luthra act on IFC's stake sale in Max Healthcare for 423 crore

Bar & Bench September 4 2017

International Finance Corp (IFC), the private-sector investment arm of the World Bank, has sold its entire stake in Analjit Singh-led Max Group’s healthcare business for Rs. 423 crore ($65.3 million).

IFC sold its stake in Max Healthcare Institute Ltd to Max India Ltd and Life Healthcare Group, South Africa’s second-largest hospital chain, reported VCCircle.

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