“International Finance Corp (IFC), the private-sector investment arm of the World Bank, will sell its entire 7.5% stake in Analjit Singh-led Max Group’s healthcare business for Rs 423 crore ($65.3 million),” reported VCCircle.

AZB & Partners partners Anil Kasturi and Niladri Maulik and senior associate Anisha Shridhar acted for Max India and Max Healthcare.

Trilegal partners Ravindra Bandhakavi, counsel Dushyant Kumar and associate Srishti Goyal acted for IFC.