Page 7 - Max Healthcare
How Radiant Life Care catapulted into big league with Max Healthcare deal
With the Max Healthcare deal, Radiant would have access to 14 hospitals led by Max
 "How Radiant Life Care catapulted into big league with Max Healthcare deal")
Life Healthcare to sell entire 49.7% stake in Max Healthcare for $293 mn
Investment firm KKR, through its portfolio company Radiant Life Care Private Limited, will buy more than 266 million shares in Max Healthcare at 80 rupees per share
 "Life Healthcare to sell entire 49.7% stake in Max Healthcare for $293 mn")
Licence cancellation: Max moves govt authority, says patients affected
Max Healthcare authorities declined to share details on the appropriate government authority approached by them.
 "Licence cancellation: Max moves govt authority, says patients affected")
IFC to invest $75 million in Max Healthcare via NCDs
Max Healthcare Institute Lto lines up around $325 million to acqurie balance stake in Saket City Hospital Private Limited (SCH) and general capital expansion of Max Healthcare Institute Limited (MHIL). The proposed investment will be backed by IFC.The total Project cost is approximately $325 million. The proposed IFC's investment comprises subscription of upto Rs 487.5 crore ($75 million) in secured Non-Convertible Debentures (NCDs) of MHIL. The Project comprises acquisition of balance 49 per cent of Saket City Hospital Private Limited (SCH) and general capital expansion of Max Healthcare Institute Limited (MHIL), according to IFC.MHIL is exploring possibilities to fund the acquisition from overseas market and External Commercial Borrowings cannot be used for such acquisition. IFC with its ability to subscribe to an NCD under its FPI (Foreign Portfolio Investor) license is uniquely positioned to provide the necessary funding with the requisite tenor and amount for the acquisition ...
 "IFC to invest $75 million in Max Healthcare via NCDs")
