Radiant Life Care
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Franchise India Bureau Dec 27 2018 - 1 min readRadiant Life Care, an Indian hospital management company backed by global investment firm KKR, will acquire a majority stake in Max Healthcare Institute Limited from Max India Limited. The company said, "Radiant Life Care has entered into a transaction whereby its shareholders will acquire a majority stake in Max Healthcare from Max India." The acquisition ...
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Franchise India Bureau Sep 20 2018 - 1 min readRadiant Life Care Pvt Ltd, a hospital chain backed by private equity firm KKR & Co, will acquire 49.7% stake in Max Healthcare from South Africa-based Life Healthcare Group Holdings Ltd for $293 million. The development comes after Radiant failed to buy India's second-largest hospital chain, Fortis Healthcare Ltd. As part of the deal, Radiant will buy ...
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Franchise India Bureau Apr 25 2018 - 2 min readIndia’s Fortis Healthcare Ltd has received another revised offer from Radiant Life Care Private Ltd proposing to buy one of its hospitals in Mumbai immediately, as a five-way takeover battle for the hospital chain intensifies. Radiant made a binding offer to purchase Fortis Mulund Hospital at an enterprise value of 12 ...
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Franchise India Bureau Apr 24 2018 - 1 min readWith the competition for Fortis takeover getting higher, Malaysia’s IHH Healthcare Bhd has revised its proposal for India’s Fortis Healthcare Ltd, making a binding proposal for about a fifth of its offer value, as the battle for the takeover of Fortis escalates. The revised offer includes a binding proposal for an ...
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Franchise India Bureau Apr 20 2018 - 2 min readThe KKR backed hospital chain, Radiant Life Care Pvt. Ltd. has joined the takeover battle for Fortis Healthcare Ltd after submitting a non-binding offer. Radiant plans to demerge Fortis’ hospital business and buy a 26% stake in the new entity, Fortis said in a stock-exchange filing. The demerger will exclude Fortis’ ...