Max Healthcare to acquire a 64% stake in Jaypee Healthcare for INR10.6bn.

Max Healthcare, an Indian for-profit private hospital chain, agreed to acquire a 64% stake in Jaypee Healthcare, a healthcare services provider, for INR10.6bn. 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.