Max Healthcare to acquire 51% stake in Saket City Hospital

Date posted: Saturday 31 October 2015

Max Healthcare (MHC) is set to acquire 51% stake in Saket City Hospital (SCH) for an undisclosed amount. MHC will acquire the stake from Smart Health City Pte Ltd, the Singapore based BK Modi Group company which manages and operates the SCH. Max Healthcare plans to further expand this facility by 900 additional beds, thereby expanding SCH’s capacity to 1,200 beds.

Located in the heart of South Delhi’s Saket area, SCH, which started operations in 2013, has 230 operational beds and is currently expanding to 300 beds.

(Money Control)