Private hospital group Life Healthcare says it raised about R3.7bn by selling its investment in India.

The group’s sale of its 49.7% stake in Max Healthcare Institute, to Radiant Life Care, became effective on Friday, it said in a statement on Monday.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now