The acquisition is based on an enterprise value of ₹1,660 crore.
"Under the agreement, Max Healthcare shall organise debt for repayment of admitted claims of financial creditors of Jaypee Healthcare and proposes to simultaneously acquire a 64 per cent stake in the company, with a call and put option for the remaining stake," the company said in a regulatory filing.
JHL reported revenue of ₹421 crore and Ebitda of ₹70 crore for FY24. It is estimated that JHL's total debt (including interest component) is around 1,000 crore or so.
Max Healthcare stock was down 0.57 per cent on BSE on Friday at 907.4 apiece.
Denne historien er fra September 14, 2024-utgaven av Business Standard.
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Denne historien er fra September 14, 2024-utgaven av Business Standard.
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