Shares of Max Healthcare shot up 10 per cent to close at *397 apiece on the BSE as the US private equity (PE) giant sold its stake worth ₹9,200 crore as part of its exit strategy. KKR sold its stake at the rate of ₹353 a share, the BSE data showed.
Apart from GIC and Capital Group (New World Fund), the buyers included Smaller Cap World Fund, BNP Paribas Arbitrage Fund, Monetary Authority of Singapore, WF Asian Reconnaissance Fund, and WF Asian Smaller Companies Fund, according to the data.
This story is from the August 17, 2022 edition of Business Standard.
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This story is from the August 17, 2022 edition of Business Standard.
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