Private Equity Liquidity Events
KKR sells Max Healthcare shares worth Rs.2,956-Cr, registers 4.55x RoI and 63% IRR
KKR has sold a 8.74% stake in publicly listed Max Healthcare Institute Ltd. on Sep 29, 2021 through bulk deals on NSE. The sale aggregates to INR 2,956.06 crore. Post the latest sale, the investor would hold 371,827,973 equity shares (38.49% stake) in the company.
From the Venture Intelligence PE-VC Deal Database: Between 2017 and 2020, KKR had invested in Radiant Life Care Pvt. Ltd. which was merged with Max Healthcare Institute.