Deal Corner
DEAL BRIEF
Max Healthcare Institute Limited (“Max”) has acquired 100% (one hundred percent) equity stake from the promoters in Alexis Multi-Speciality Hospital Private Limited (‘Alexis’) which operates a Nagpur based JCI & NABH accredited 200 bedded hospital namely ‘Alexis Multispecialty Hospital’.
This acquisition further strengthens Max’s footprint in Western India and will enable provisioning of best-in-class clinical care to all patients in the region.
OUR ROLE
We at Nishith Desai Associates conducted due diligence on Alexis and thereafter, acted as the legal and tax advisors to Max for the documentation and the closing of the acquisition.
DEAL TEAM
Nishchal Joshipura
Harshita Srivastava
Chandrashekar K
Ankit Porwal
Anurag Shah
DUE DILIGENCE TEAM
Darren Punnen
Varsha Rajesh
Palomita Sharma
FURTHER DETAILS ARE AVAILABLE AT
https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/max-healthcare-acquires-nagpur-based-alexis-hospital-for-rs-412-crore/articleshow/107546548.cms?from=mdr
https://www.financialexpress.com/business/industry-max-healthcare-announces-acquisition-of-100-stake-in-alexis-hospital-for-rs-412-crore-3388979/
https://www.business-standard.com/companies/news/max-healthcare-acquires-nagpur-based-alexis-hospital-for-rs-412-cr-124020900635_1.html
