Max promoters to sell stake in financial, healthcare units to reduce debt

Max promoters to sell stake in financial, healthcare units to reduce debt

Photo: Reuters

Promoters of Analjit Singh-led Max Group plan to raise 2,300 crore by selling their stakes in the group’s healthcare and financial services companies, two people aware of the matter said, adding they have already sold prime land at London’s Mayfair for 800 crore.

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