Aster DM, Blackstone-backed Quality Care announces merger

Aster DM Healthcare-Quality Care India merger: Key things you need to know about the new deal
The merger between Aster DM Healthcare and Blackstone-backed Quality Care India Limited (QCIL), in a deal that will value the combined entity at $5.08 billion (Rs 43,000 crore), represents a significant development for India’s healthcare industry.
Aster DM Healthcare and Quality Care to merge; aims to be among top 3 hospitals in India
In the merged entity, Aster promoters and Blackstone will hold 24% and 30.7% stakes, respectively, while the balance 45.3% will be owned by other shareholders.
Aster Is Said to Near Deal With Blackstone-Backed Quality Care
Aster DM Healthcare Ltd. is nearing an agreement to combine with closely held Quality Care India Ltd., people familiar with the matter said, in a deal that will create one of India’s largest hospital chains.
Aster DM, Blackstone-backed Quality Care announce merger in $5 bn deal
The merger between Aster DM Healthcare and QCIL, valued at $5.08 billion, forms Aster DM Quality Care, the third-largest hospital chain in India. The entity will operate 38 hospitals with plans to increase bed capacity significantly over the next two years.
Aster merges with Care Hospitals, new entity to be among India's top three hospital chains
MUMBAI: In a major consolidation move, Aster DM Healthcare has merged with Quality Care India (Care Hospitals), backed by private equity majors Blackstone and T
Aster DM, Blackstone's Quality Care announces merger, to be among top 3 hospital chains in India
Aster DM Healthcare and Blackstone-owned QCIL have agreed to merge, forming Aster DM Quality Care Limited. Blackstone will hold roughly 30.7% of the merged entity, valued at ₹42,000 crore. The deal, expected to close by Q3 FY26,
Aster DM announces merging Blackstone-backed Quality Care India with itself via share swap
CNBC-TV18 had reported on August 4 this year about the discussions between the two companies, aimed at expanding Aster DM’s hospital network.
Aster DM adds Quality to ranks in India's biggest health care deal
Aster DM Healthcare has announced a merger with Blackstone-backed CARE Hospitals with the Bengaluru-based company, leading to the creation of Aster DM Quality Care, which will be among the top three players in India with 38 hospitals and a presence in 27 cities of the country.
Aster DM, Blackstone-backed Quality Care announces merger; combined entity to be one of India's Top 3 hospital chains
The merged entity, Aster DM Quality Care Limited, will have a combined portfolio of four leading brands: Aster DM, CARE Hospitals, KIMSHEALTH and Evercare. It will have a of network of 38 hospitals and 10,
India's Aster DM to merge with Blackstone-backed Quality Care
India's Aster DM Healthcare will merge with Blackstone-backed hospitals operator Quality Care India, the companies said on Friday, bringing Aster closer to its larger rivals Apollo Hospitals and Manipal Hospitals.
Aster DM Healthcare, Quality Care India ink merger deal
Aster DM Healthcare, one of India's largest integrated healthcare service providers, has entered into definitive agreement with Quality Care India (QCIL), backed by Blackstone and TPG, to merge, creating one of the country's top three hospital chains.
With 14,000 beds, we will become one of the largest healthcare providers in India, says Alisha Moopen
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‘Our goal is to become the finest healthcare institution in India’
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