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Max Healthcare completed the acquisition of a 64% stake in Jaypee Healthcare for INR3.9bn.

Synopsis

Max Healthcare, an Indian for-profit private hospital chain, completed the acquisition of a 64% stake in Jaypee Healthcare, a healthcare services provider, for INR3.9bn. The collaboration and proposed acquisition will give Max Healthcare a controlling stake in JHL, including its flagship asset, the 500-bed Jaypee Hospital in Noida.

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