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Max India to sell 51% stake in Max Bupa Health Insurance: Report

13 Dec 2018 Evaluate

Max India will reportedly sell entire 51% stake in Max Bupa Health Insurance Company to True North Managers. With this, the company will exit the health insurance business after it entered as a promoter. True North will buy stake in Max Bupa at around Rs 1,000 crore.

Max India is engaged in the business of investments and providing consultancy services to group companies. The company’s segments are Healthcare Business, Business Investments, Health Insurance, Senior Living and Others.

Peers
Company Name CMP
Bajaj Finserv 1860.00
TVS Holdings 12718.50
Cholamandalam Fin. 1460.05
Altius Telecom Infra 174.00
Kama Holdings 2160.00
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