Aster DM, Blackstone-backed Quality Care announces merger

Aster Is Said to Near Deal With Blackstone-Backed Quality Care
Aster DM Healthcare Ltd. is nearing an agreement to combine with closely held Quality Care India Ltd., people familiar with the matter said, in a deal that will create one of India’s largest hospital chains.
Aster DM Healthcare-Quality Care India merger: Key things you need to know about the new deal
The merger between Aster DM Healthcare and Blackstone-backed Quality Care India Limited (QCIL), in a deal that will value the combined entity at $5.08 billion (Rs 43,000 crore), represents a significant development for India’s healthcare industry.
Aster, Care Hospitals merger deal may be finalised today
Aster DM Healthcare's board is set to meet today to potentially finalize a reverse merger with Care Hospitals, which is backed by private equity firm Blackstone, according to sources. Aster DM's shares rose 2.
Aster DM, Blackstone-backed Quality Care announce merger in $5 bn deal
The merger between Aster DM Healthcare and QCIL, valued at $5.08 billion, forms Aster DM Quality Care, the third-largest hospital chain in India. The entity will operate 38 hospitals with plans to increase bed capacity significantly over the next two years.
Aster DM, Blackstone-backed Quality Care announces merger; combined entity to be one of India's Top 3 hospital chains
The merged entity, Aster DM Quality Care Limited, will have a combined portfolio of four leading brands: Aster DM, CARE Hospitals, KIMSHEALTH and Evercare. It will have a of network of 38 hospitals and 10,
Open to evaluating inorganic opportunities pan-India, says Blackstone's Ganesh Mani post Aster DM merger
Blackstone on November 29 clinched India's biggest healthcare deal after Aster DM agreed to merge with PE firm-backed CARE Hospitals, creating 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.
Aster DM Healthcare And Blackstone-Backed Quality Care To Merge In Share Swap Deal
The merged entity will be jointly controlled by Aster promoters and Blackstone, holding 24% and 30.7% ownership respectively.
Aster DM, Blackstone's Quality Care announces merger, to be among top 3 hospital chains in India
Aster DM Healthcare and Blackstone-owned QCIL have agreed to merge, forming Aster DM Quality Care Limited. Blackstone will hold roughly 30.7% of the merged entity, valued at ₹42,000 crore. The deal, expected to close by Q3 FY26,
India's Aster DM to merge with Blackstone-backed Quality Care
India's Aster DM Healthcare will merge with Blackstone-backed hospitals operator Quality Care India, the companies said on Friday, bringing Aster closer to its larger rivals Apollo Hospitals and Manipal Hospitals.
Aster DM Healthcare, Quality Care India ink merger deal
Aster DM Healthcare, one of India's largest integrated healthcare service providers, has entered into definitive agreement with Quality Care India (QCIL), backed by Blackstone and TPG, to merge, creating one of the country's top three hospital chains.
Nurse Maria Victoria Juan From Philippines Wins The Prestigious Aster Guardians Global Nursing Award 2024
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Filipino nurse wins prestigious Aster Global Nursing Award ’24
Nurse Maria Victoria Juan from Philippines, a Consultant at Philippines Army Health Services and Colonel, Reserve Force of ...
Nurse Maria Victoria Juan from The Philippines Wins the Prestigious Aster Guardians Global Nursing Award 2024
Nurse Maria Victoria Juan from wins USD 250,000 at the award ceremony in Bengaluru, selected from a pool of 78,000 nurses ...