Blackstone on November 29 clinched India's biggest healthcare deal after Aster DM agreed to merge with PE firm-backed CARE ...
A day after Aster DM Healthcare and Blackstone-backed Quality Care India announced a merger to make a $5 billion entity, ...
In the merged entity, Aster promoters and Blackstone will hold 24% and 30.7% stakes, respectively, while the balance 45.3% ...
Supermart major Vishal Mega Mart is expected to launch its IPO in December, though the dates are yet to be announced.
Aster DM Quality Care Limited is set to merge with four prominent healthcare brands, including Aster DM, CARE Hospitals, ...
Aster's Alisha Moopen outlines how Aster’s merger will shape India’s healthcare future, focusing on scale, innovation, and ...
The big-bang merger with Blackstone and TPG-backed Quality Care India Ltd will be EPS accretive from the first full year of operations and the combined entity does not see a tough challenge in the ...
Experts say more than bringing in capital, established chains are teaming up with PE/VCs to monetise their assets.
Aster DM Healthcare (Aster) said that it has entered into definitive agreement to merge with Quality Care India Limited (QCIL) backed by Blackstone and TPG, one of the largest privately held hospital ...
The merged entity, Aster DM Quality Care Limited, will have more than 10,150 beds spanning 27 cities, and is expected to become one of the top 3 hospital chains in India.
This is Aster's first major deal since selling its Gulf business. The acquisition will bring Aster's domestic capacity close to that of market leader Apollo Hospitals and the privately-held Manipal ...
The merger between Aster DM Healthcare and QCIL, valued at $5.08 billion, forms Aster DM Quality Care, the third-largest ...