{"id":8779,"date":"2024-04-01T14:07:09","date_gmt":"2024-04-01T14:07:09","guid":{"rendered":"https:\/\/thegulfpress.com\/asterdm-healthcares-separation-of-india-and-gcc-business-to-wrap-up\/"},"modified":"2024-04-01T14:07:09","modified_gmt":"2024-04-01T14:07:09","slug":"asterdm-healthcares-separation-of-india-and-gcc-business-to-wrap-up","status":"publish","type":"post","link":"https:\/\/thegulfpress.com\/en\/asterdm-healthcares-separation-of-india-and-gcc-business-to-wrap-up\/","title":{"rendered":"AsterDM Healthcare\u2019s separation of India and GCC business to wrap up"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"content-body-67971775\" itemprop=\"articleBody\"><amp-position-observer intersection-ratios=\"0.5\" on=\"scroll:showdialog.seekTo(percent=event.percent)\" layout=\"nodisplay\"\/><amp-position-observer intersection-ratios=\"0.5\" on=\"scroll:showdialog.seekTo(percent=event.percent)\" layout=\"nodisplay\"\/><\/p>\n<p><a href=\"https:\/\/www.thehindubusinessline.com\/stocks\/aster-dm-healthcare-ltd\/\" target=\"_blank\" rel=\"noopener\">Aster DM Healthcare Ltd <\/a>has announced that the separation of its India and GCC businesses and the proposed investment in the company\u2019s GCC business by Fajr Capital, a sovereign-owned private equity firm headquartered in the UAE, is nearing completion. <\/p>\n<p><amp-position-observer intersection-ratios=\"0.5\" on=\"scroll:showdialog.seekTo(percent=event.percent)\" layout=\"nodisplay\"\/><\/p>\n<p>The company received corporate approvals to separate the businesses into two distinct and standalone entities in November 2023.<\/p>\n<p><amp-position-observer intersection-ratios=\"0.5\" on=\"scroll:showdialog.seekTo(percent=event.percent)\" layout=\"nodisplay\"\/><\/p>\n<p>Under the separation plan, a Fajr Capital-led consortium entered into a definitive agreement to acquire a 65 per cent stake in the company\u2019s GCC business, which&#8230;<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.thehindubusinessline.com\/markets\/stock-markets\/asterdm-healthcares-separation-of-india-and-gcc-business-to-wrap-up\/article67971775.ece\/amp\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aster DM Healthcare Ltd has announced that the separation of its India and GCC businesses and the proposed investment in the company\u2019s GCC business by Fajr Capital, a sovereign-owned private&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,1833],"tags":[2194,58,252,182,69],"class_list":["post-8779","post","type-post","status-publish","format-standard","hentry","category-healthcare-en","category-healthcare-ar","tag-asterdm-healthcare","tag-gcc","tag-india","tag-saudi-arabia","tag-uae"],"_links":{"self":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/posts\/8779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/comments?post=8779"}],"version-history":[{"count":0,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/posts\/8779\/revisions"}],"wp:attachment":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/media?parent=8779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/categories?post=8779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/tags?post=8779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}