Max Healthcare to buy 64% stake in Jaypee Healthcare for ₹1,660 cr

Max Healthcare will acquire a 64% stake in Lakshdeep Group-owned Jaypee Healthcare for ₹1,660 crore, with an optional agreement to buy remaining 36%. The deal, which is part of the corporate insolvency resolution process, is expected to close within 30 days. It will give Max controlling stake in 500-bed Jaypee Hospital in Noida, along with two other hospitals in UP.