Dec 13, 2023

Crosslay Remedies Limited, a wholly owned subsidiary of Max Healthcare Institute Limited, on the proposed acquisition of 550 bed Sahara Hospital

AZB & Partners acted for Crosslay Remedies Limited, a wholly owned subsidiary of Max Healthcare Institute Limited, on the proposed acquisition of 550 bed Sahara Hospital, Lucknow for an enterprise value of ~INR 940 crores.

Our deal team comprised our Senior Partner Niladri Maulik, Partner Siddharth Khanna, and Associates Anisha Dash, Purvi Lhila and Samarth Shandilya. The due diligence team comprised of Senior Associate Aman Jain, Associates Samarth Shandilya, Mohit Sharma, and Vidit Parmar.

IBC related aspects for the proposed transaction were led by our Senior Partner Anindita Roy Chowdhury and Associate Sushrut Garg.

 

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