Max Healthcare acquires 64% stake in Jaypee Healthcare for ₹1,660 crore

Delhi-based Max Healthcare has entered into strategic collaboration with Lakshdeep Group for acquisition of a 64 per cent controlling stake in Jaypee Healthcare Ltd for an enterprise worth of ₹1,660 crore. Jaypee Healthcare is a subsidiary of the debt-ridden Jaypee Infratech; and is at present going company insolvency proceedings. Max Healthcare could have the choice … Read more