India: Medicover takes majority stake in MaxCure

Anil Krishna, managing director Medicover Hospitals

Swedish healthcare and diagnostic services company Medicover has increased its stake in Medicover Hospitals (MaxCure) in India from 49.2% to 53.1% via the acquisition of a mixture of primary shares and secondary shares. It is now the majority owner of MaxCure. Medicover also holds additional convertible loans that if converted would take its ownership to…

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