The Max Healthcare board on Monday cleared the proposal of KKR-backed Radiant Life to acquire a majority stake in the firm via merger. Chairman Analjit Singh tells Surajeet Das Gupta and Veena Mani about his reasons to exit healthcare and his new focus areas. Edited excerpts: What is the reason for your exit from healthcare business? It is something analogous to what happened in telecom to us.
We had a licence in Mumbai and started operations. We participated in biddings for three circles of Gujarat, Maharashtra, and Punjab, but the winning bid was four times ours. I quickly ...
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