International Finance Corp (IFC), the private-sector investment arm of the World Bank, has sold its entire stake in Analjit Singh-led Max Group’s healthcare business for Rs. 423 crore ($65.3 million)..IFC sold its stake in Max Healthcare Institute Ltd to Max India Ltd and Life Healthcare Group, South Africa’s second-largest hospital chain, reported VCCircle..Trilegal acted for IFC and the team was led by Partner Ravindra Bandhakavi, along with Counsel Dushyant Kumar and Associate Srishti Goyal..AZB & Partners advised Max Group and the team was led by Partners Anil Kasturi and Niladri Maulik along with Senior Associate Anisha Shridhar..Luthra & Luthra advised Life Healthcare Group and the team included Partner Alina Arora, Senior Associate Samarth Gupta and Associate Apurva Zutshi..Follow Bar and Bench channel on WhatsAppDownload the Bar and Bench Mobile app for instant access to the latest legal news.
