Aster to separate India and GCC biz; announces agreement for Fajr Capital-led consortium to invest in Aster GCC

Aster DM Healthcare, one of the largest and fastest-growing integrated healthcare providers in Gulf Cooperation Council (GCC) and India, has received board approvals from its subsidiary Affinity Holdings and approval from its Board of Directors to separate the India and GCC businesses into two distinct and standalone entities.

Under the separation plan, Affinity has entered into a definitive agreement with a consortium of…