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Tue, 19.12.2023
Home HEALTHCARE Aster DM Healthcare Completes Separation: Moopen family to retain 35% stake in Aster GCC, 41.88% in India operations

Aster DM Healthcare Completes Separation: Moopen family to retain 35% stake in Aster GCC, 41.88% in India operations

by Press Room


In Short

Aster DM Healthcare has completed the separation of its India and GCC businesses, with a consortium led by Fajr Capital acquiring a 65% stake in Aster GCC, while the Moopen family retains 35% and 41.88% stakes in GCC and India operations respectively. Affinity Holdings Limited received $907.6M as part of the transaction. The company plans to add 1700 beds by FY27, focusing on brownfield and greenfield projects, with a…



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