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

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-10 @ 15:04:30 (1 weeks 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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