Aster DM, Blackstone-backed Quality Care announces merger

Will create the largest & finest healthcare facility, India has ever seen: Alisha of Aster DM
Alisha says ₹43,000 crore enterprise-valued merger deal is among the biggest healthcare transactions this year in the world in the space of healthcare delivery.
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 India announce merger agreement
The combined entity will have a portfolio of brands, including Aster DM, CARE Hospitals, KIMSHEALTH, and Evercare.
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.
With 14,000 beds, we will become one of the largest healthcare providers in India, says Alisha Moopen
Aster's Alisha Moopen outlines how Aster’s merger will shape India’s healthcare future, focusing on scale, innovation, and bridging gaps in Tier 2 and Tier 3 cities.
Open to evaluating inorganic opportunities pan-India, says Blackstone's Ganesh Mani post Aster DM merger
Blackstone on November 29 clinched India's biggest healthcare deal after Aster DM agreed to merge with PE firm-backed CARE Hospitals, creating one of India’s top three hospital chains
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, 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,
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'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,
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.
‘Our goal is to become the finest healthcare institution in India’
A day after Aster DM Healthcare and Blackstone-backed Quality Care India announced a merger to make a $5 billion entity, ...
Blackstone Deepens India Push With $5 Billion Hospital Deal
Quality Care India Ltd., the Indian hospital chain backed by Blackstone Inc., agreed to combine with Aster DM Healthcare Ltd.