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Aster DM Healthcare Ltd has announced that the separation of its India and GCC businesses and the proposed investment in the company’s GCC business by Fajr Capital, a sovereign-owned private equity firm headquartered in the UAE, is nearing completion.
The company received corporate approvals to separate the businesses into two distinct and standalone entities in November 2023.
Under the separation plan, a Fajr Capital-led consortium entered into a definitive agreement to acquire a 65 per cent stake in the company’s GCC business, which…
