Deal Corner

NDA represents Max Healthcare Institute Limited in its acquisition of Alexis Multi-Speciality Hospital Private Limited

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