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Life eyes its Max stake

Dec 26, 2011 • James Mawson

In October, Life bought a 26% stake in Max for R5.16bn ($104m) and could add another 24% if the operating performance continues to improve, Max Healthcare CEO Ajay Bakshi told news providerEconomic Times.

South Africa-based hospital chain Life Healthcare reportedly has the option to increase its stake to 50% in India-based peer Max Healthcare.

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