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Max Healthcare to acquire Starlit Medical Centre in Rs 940 crore deal

Published on December 08, 2023
Current Context: Max Healthcare Institute Ltd on Friday said it will fully acquire Starlit Medical Centre Pvt Ltd for an enterprise value of Rs 940 crore thereby giving it the ownership of 550-bedded Sahara Hospital in Lucknow.
Max Healthcare to acquire Starlit Medical Centre in Rs 940 crore deal
  • The company has executed a binding share purchase agreement (SPA) for the acquisition of 100 per cent stake of Starlit Medical Centre Pvt Ltd, which had entered into a business transfer agreement with Sahara India Medical Institute Ltd for purchase of healthcare undertaking consisting of 550-bedded Sahara Hospital, Lucknow, on a slump sale basis, Max Healthcare Institute said in a statement.

Question:

Q.1 Who is acquiring Starlit Medical Centre Pvt Ltd?
a. Sahara India Medical Institute Ltd
b. Max Healthcare Institute Ltd
c. Starlit Medical Centre Pvt Ltd
d. Sahara Hospital, Lucknow

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