Reported about 10 hours ago
Aster DM Healthcare Ltd. is reportedly nearing a merger agreement with Quality Care India Ltd., a company backed by Blackstone Inc. This merger will form one of the largest hospital chains in India, with Aster shareholders poised to own approximately 57% of the new entity, while Quality Care investors will hold 43%. The combined organization will offer over 10,000 hospital beds and aims to enhance profitability, growth, and cost efficiency.
Source: YAHOO