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Blackstone on November 29 clinched India's biggest healthcare deal after Aster DM agreed to merge with PE firm-backed CARE ...
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The combined entity will have a portfolio of brands, including Aster DM, CARE Hospitals, KIMSHEALTH, and Evercare.
The merged entity will be jointly controlled by Aster promoters and Blackstone, holding 24% and 30.7% ownership respectively.
In the merged entity, Aster promoters and Blackstone will hold 24% and 30.7% stakes, respectively, while the balance 45.3% ...
This is Aster's first major deal since selling its Gulf business. The company will get access to Quality's 5,500 beds, taking ...
The merger has been approved by the board of directors, and the merged entity will be named Aster DM Quality Care Limited ...
With combined portfolio of Aster DM, CARE Hospitals, KIMSHEALTH and Evercare Aster DM Healthcare and Quality Care India backed by Blackstone and TPG, one of the largest privately held hospital chains ...
The merged entity, Aster DM Quality Care Limited, will have a combined portfolio of four leading brands: Aster DM, CARE ...