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, Care Hospitals merger deal may be finalised today
Aster DM Healthcare's board is set to meet today to potentially finalize a reverse merger with Care Hospitals, which is backed by private equity firm Blackstone, according to sources. Aster DM's shares rose 2.
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 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 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, 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 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 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'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.
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 ...
Nurse Maria Victoria Juan from The Philippines Wins the Prestigious Aster Guardians Global Nursing Award 2024
Nurse Maria Victoria Juan from wins USD 250,000 at the award ceremony in Bengaluru, selected from a pool of 78,000 nurses ...