Life Healthcare bids adieu to India
SA private health group sells its 49.7% stake in Max Healthcare after a disappointing five years in which it made no profit
24 June 2019 - 19:41
Private hospital group Life Healthcare has concluded the sale of its stake in Indian hospital group Max Healthcare for R3.7bn, marking the final nail in the coffin for the disappointing venture.
Analysts on Monday said the acquisition had weighed on earnings and drained Life management’s time...
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