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Max India exits health insurance business, divests stake in Max Bupa to True North for Rs 510 crore

Updated : February 26, 2019 07:08 PM IST

The proposed transaction is an all-cash deal and it values Max Bupa at an enterprise value of Rs 1,001 crore.
Max India said the deal has been at a consideration of Rs 510.51 crore, which the company will receive at the time of completion of the proposed transaction.

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