 "KKR, Max Healthcare, Life Healthcare, Max India, Max group, New York Life Insurance, JV insurance business, Saket Hospitals, Max Smart Super Specialty Hospital")
The race to buy a 47.5 per cent stake of South Africa-based Life Healthcare in Max Healthcare narrows, with private equity (PE) fund KKR emerging key suitor, especially after US PE fund BainCapital decided not to pursue an offer from merchant bankers.
Even Max India, the holding company of Analjit Singh and an equal partner in Max Healthcare, has not evinced any interest to buy out its partners. Those in the know cite the stiff price being asked for the deal as one of the reasons.
The Max group has helped its foreign partners, which wanted to divest from other joint ventures
