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Max India to Sell 26% in Unit to South Africa’s Life Healthcare

Oct. 11 (Bloomberg) -- Max India Ltd. said it has entered into a non-binding agreement to sell a 26 percent stake in its unit Max Healthcare Institute Ltd. to South Africa’s Life Healthcare Group Ltd. for 5.16 billion rupees, according to a statement sent to stock exchanges today.

Link to Statement:{NSN LSWPCB3PWT1C <GO>}

Link to Company News:{MAX IN <Equity> CN <GO>}

To contact the editor responsible for this story: Abhay Singh at abhaysingh@bloomberg.net

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