KKR makes $1.2b exit from Indian hospital chain
KKR has exited its entire interest in Indian hospital operator Max Healthcare Institute – nearly four years after assuming control of the business by merging it with an existing portfolio company – with proceeds of approximately INR 91.9bn (USD 1.15bn).
The private equity firm offloaded 260.2m shares through two block trades of equal size on August 16, priced at INR 353 per share, according to exchange data. KKR owned 48.64% – or 469.8m shares – of...
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