Life Healthcare has invested a total of 2.9 billion rand in Max Healthcare, according to the South African firm’s annual report released in December. Mumbai/Johannesburg: Life Healthcare Group Holdings Ltd, the second-largest private hospital owner in South Africa, is considering a sale of its stake in India’s Max Healthcare Ltd, people with knowledge of the matter said. Deliberations are at an early stage, and Life Healthcare could decide to remain invested in the company, according to the people. Representatives for Life Healthcare and Max India didn’t immediately respond to requests for comment. Life Healthcare has invested a total of 2.9 billion rand in Max Healthcare, according to the South African firm’s annual report released in December.

Source: Mint January 08, 2018 03:45 UTC