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

By Abhay Singh - Oct 11, 2011

Max India Ltd. (MAX) 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.

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

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