Max Healthcare Acquires Alexis Hospital with Help of ALMT Legal and Nishith Desai Associates
Leading law firms ALMT Legal and Nishith Desai Associates played crucial roles in facilitating the acquisition of Alexis
By : Legal Era
Update: 2024-02-12 10:00 GMT
Max Healthcare Acquires Alexis Hospital with Help of ALMT Legal and Nishith Desai Associates
Leading law firms ALMT Legal and Nishith Desai Associates played crucial roles in facilitating the acquisition of Alexis Hospital in Nagpur by Max Healthcare. The deal, valued at ₹412 crore, marks a significant step for Max Healthcare in expanding its reach and offering high-quality healthcare services in Western India.
ALMT Legal represented Zulekha Healthcare Group UAE, the seller, with a comprehensive team led by Statira Ranina (Senior Partner) and Sheetal Mishra (Principal Associate). Their expertise covered the entire transaction, including legal, tax, and real estate matters. Senior Partner Aliff Fazelbhoy and Principal Associate Diya Gabija provided tax guidance, while Senior Partner Ryna Karani and Senior Associate Vishal Vora handled real estate and property aspects.
Nishith Desai Associates acted as legal counsel for Max Healthcare, the buyer. Their team, led by Nishchal Joshipura, included Harshita Srivastava, Chandrashekhar K, Ankit Porwal, and Anurag Shah. Additionally, Darren Punnen, Varsha Rajesh, and Palomita Sharma provided support with due diligence.
This strategic acquisition of the 200-bedded multispecialty hospital allows Max Healthcare to leverage its expertise and resources to offer advanced medical care to patients in Nagpur and surrounding areas.