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KKR affiliate sells 10% stake in Max Healthcare for nearly Rs 3,300 cr

It sold shares at Rs 340 a apiece to a clutch of investors, which included SBI Mutual Fund, Pension Fund Global and Smaller Cap World Fund

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Private equity major KKR's affiliate firm Kayak Investment on Thursday sold 10 per cent stake in Max Healthcare Institute for nearly Rs 3,300 crore. 

It sold shares at Rs 340 a apiece to a clutch of investors, which included SBI Mutual Fund, Pension Fund Global and Smaller Cap World Fund. 

Shares of Max Health fell 4 per cent to end at Rs 347. 

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First Published: Mar 31 2022 | 8:43 PM IST

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