Aster DM Healthcare and Quality Care India merger talks enters final lap

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The Moopen family had earlier hived off its West Asia-based hospital chain into a separate entity.

According to the plan under negotiations, Quality Care is set to merge with the listed entity and will be renamed Aster DM Quality CARE.

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Category: BusinessFinance

Markets: India

Topics: Private equity in healthcare Healthcare revenue growth Aster DM Healthcare Aster DM Quality Care ARPOB growth Azad Moopen Aster hospital expansion Blackstone FY25 healthcare revenue growth Quality Care India GCC business separation Private equity deals in healthcare Aster DM merger Hospital mergers in India Blackstone Quality Care Healthcare investments India

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-10 @ 15:04:30 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 113 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 19 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23489205

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