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New Deal


Announced

Completed

KKR-backed Max Healthcare Institute to acquire Saket City Hospitals.

Financials

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Transaction Value£59m
Consideration TypeCash
Capital Owned51%
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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India

health care

Health Care Facilities

Acquisition

Friendly

Private

Completed

Minority

Single Bidder

Private Equity

Synopsis

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KKR-backed Max Healthcare Institute agreed to acquire a 49% stake in Saket City Hospital from BK Mody for $73m. Private equity giant KKR, which has been looking to expand its hospital presence in India, has stepped in to let businessman BK Modi completely exit his healthcare business.

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