Radiant Life Care Backed By KKR Acquires Max Healthcare
Radiant Life Care (Radiant)—a developer and manager of health care facilities that is backed by leading global investment firm KKR—recently announced it is acquiring Max Healthcare. Abhay Soi will lead the combined company as its Chairman.
The transaction comes as Radiant has acquired a majority stake in Max Healthcare from hospital operator Life Healthcare. The purchase will see Max India de-merging its two non-health care related businesses—Max Bupa and Antara Senior Living—into a new wholly owned subsidiary of Max India. Mr. Soi commented that the acquisition marks a step forward for Radiant’s strategy . . .
