Aster DM up 5% on announcing merger with Blackstone-backed Quality Care
Based on the swap ratio recommended in the valuation report, the Aster promoters will hold 24 per cent and Blackstone 30.7 per cent in the merged entity
Aster DM Healthcare, Quality Care to create Indian hospital chain
The new entity will have a network of 38 hospitals and over 10,150 beds in India. Aster DM Healthcare Limited and Blackstone-backed Quality Care have signed agreements to merge, creating a new listed entity,
Aster DM's $2 Billion Merger Hinges On Quality Care Turning Profitable In One Year
Aster DM is expected to post a revenue of Rs 340-350 crore on an annualised basis in FY25, with an Earning Per Share of Rs 6.8 per share.
Aster DM Healthcare shares surge 5% on merger news; rally 23% in seven sessions
Aster DM Healthcare and Blackstone and TPG-backed Quality Care have decided to merge to create one of India's top three hospital chains.
Opinion
Four hits and three misses in Aster DM’s merger with Quality Care
The merger will strengthen Aster’s position in Hyderabad and South India, but it also faces certain challenges.
Aster DM Healthcare To Become One Of The Largest Hospital Chains In India Post Merger
HSBC Global Research kept a 'Buy' rating on the stock with a target price Rs 550. PL Capital maintained a 'Buy' rating on Aster DM Healthcare Ltd. and raised the target price to Rs 620 from Rs 500.
Aster DM Healthcare Share Price: Stock rallies 5% on ASTER + QCIL merger announcement; check target
Aster DM Healthcare and Blackstone-backed Quality Care India have announced a merger deal through a share swap deal. The merger will create one of India's top three hospital chains.
Aster DM Healthcare and Quality Care to merge; aims to be among top 3 hospitals in India
In the merged entity, Aster promoters and Blackstone will hold 24% and 30.7% stakes, respectively, while the balance 45.3% will be owned by other shareholders.
Pharma Stock Rally: Aster DM Healthcare Shares Jump 5% After QCIL Merger News
Aster DM Healthcares shares experienced a significant surge, climbing up to 5% intraday, following the announcement of a definitive agreement to merge with Blackstone-backed Quality Care India Limited
Aster DM up 5% on announcing merger with backstone-backed Quality Care
Based on the swap ratio recommended in the valuation report, the Aster promoters will hold 24 per cent and Blackstone 30.7 per cent in the merged entity
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Aster DM’s Alisha Moopen explains rationale for merger with Care Hospitals
Alisha Moopen, Deputy Managing Director of Aster DM Healthcare stated that the merger will deliver substantial synergies in ...
Buy Aster DM Healthcare; target of Rs 620 Prabhudas Lilladher
Prabhudas Lilladher is bullish on Aster DM Healthcare has recommended buy rating on the stock with a target price of Rs 620 ...
Business Wire2d
Nurse Maria Victoria Juan From Philippines Wins the Prestigious Aster Guardians Global Nursing Award 2024
Nurse Maria Victoria Juan from Philippines, a Consultant at Philippines Army Health Services and Colonel, Reserve Force of ...