CCI Clears Maybach Asia Holdings' Acquisition Of Sahrudaya Health Care

The Competition Commission of India on Wednesday approved the proposed acquisition of the entire equity share capital of Sahrudaya Health Care Private Limited by Maybach Asia Holdings II Pte Ltd, an entity indirectly owned by investment funds managed by subsidiaries of KKR & Co. Inc.

The proposed transaction involves the transfer of 100% ownership of Sahrudaya Health Care to Maybach Asia Holdings.

Maytech Asia Holdings is a special purpose vehicle incorporated exclusively for the transaction.

Sahrudaya Health Care, along with its subsidiaries, operates a multi-specialty hospital network comprising 28 hospitals and units, with approximately 4,800 beds across South and West India.

The healthcare group provides services across more than 80 clinical specialties, including cardiology, neurology, gastroenterology, nephrology, oncology, orthopaedics, critical care and women's health, among other medical and surgical disciplines.

The Commission stated that a detailed order would be issued separately.