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 …
Aster DM Healthcare
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HEALTHCAREHEALTHCARE
Aster DM healthcare separates its GCC and India operations | Kochi News
by Press Roomby Press RoomKOCHI: Aster DM Healthcare Limited, one of the largest integrated healthcare providers in India and GCC on Thursday announced the completion of the separation of its India and GCC businesses. …
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HEALTHCAREHEALTHCARE
Aster DM Healthcare: Proxy advisor against Aster DM Healthcare’s gulf deal
by Press Roomby Press RoomMumbai: Proxy advisory firm Institutional Investor Advisory Services India (IiAS) has advised institutional investors to vote against Aster DM Healthcare‘s resolutions seeking shareholder approval for the $1 billion deal involving …
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HEALTHCAREHEALTHCARE
Aster DM Hospitals eyes expansion in North India with war chest from sale of its GCC business
by Press Roomby Press RoomAfter global hospital chain Aster DM Healthcare separated its India and GCC (Gulf Co-operation Council) businesses, it is looking to double down on the Indian market and plans now to …
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HEALTHCARE
Aster DM Healthcare shares skid 4% on plan to divest Gulf biz; analysts bullish
by Press Roomby Press RoomGulf business to be sold for $1.01 billion In an exchange filing on November 28, Aster DM Healthcare said that the company will separate the India and GCC businesses into …
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HEALTHCARE
Aster DM Healthcare shares climbed 11% today. What analysts say on GCC stake sale
by Press Roomby Press RoomAster DM Healthcare climbed over 11 per cent in Friday’s trade to hit a record high level following the much-awaited Gulf Co-Operation Council (GCC) stake, which is seen unlocking value …
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HEALTHCARE
Aster DM Healthcare GCC business stake sale unlocks value, say analysts; shares rally 11%
by Press Roomby Press RoomAster DM Healthcare share price jumped over 11% to hit a fresh 52-week high of ₹424.00 apiece on Friday. In the past one week, Aster DM Healthcare shares have risen …
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HEALTHCARE
Cyril Amarchand Mangaldas advises on USD 1 bn sale of GCC Business by Aster DM Healthcare
by Press Roomby Press RoomANI | Updated: Dec 01, 2023 17:20 IST BusinessWire India Mumbai (Maharashtra) [India], December 1: Cyril Amarchand Mangaldas acted as advisor to Aster DM Healthcare Limited (Aster) on the USD …
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HEALTHCARE
India, GCC business split to unlock regional growth: Aster DM
by Press Roomby Press RoomAster DM Healthcare’s decision to split its Indian and Middle East (GCC) businesses into two separate entities and bring in an equity investor in the GCC business is to unlock …
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HEALTHCARE
Aster DM Healthcare has its task cut out, post sale of GCC hospitals
by Press Roomby Press RoomHighlights Aster’s India business has lower profit margins compared to leading listed peers The company makes good profit margins in Kerala, Karnataka and Maharashtra clusters However, margins in Andhra …