Aster DM Healthcare Ltd News

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, Blackstone eye inorganic growth in North India: Alisha Moopen

Aster coming together with Blackstone-backed Quality CARE will become one of the top three platforms in India, said Alisha Moopen, Deputy Managing Director of Aster DM Healthcare

Aster DM Healthcare, Quality Care partner to create hospital chain

This is Aster's first major deal since selling its Gulf business. The company will get access to Quality's 5,500 beds, taking the merged entity's total bed count to more than 10,000

Aster DM Healthcare to acquire remaining 13% stake in Aster Aadhar Hospital

The 254-bed Aster Adhaar Hospital in Kolhapur has received NABH (National Accreditation Board for Hospitals and Healthcare Providers) accreditation

Aster DM Healthcare to acquire remaining 13% stake in Prerana Hospital

Aster DM Healthcare on Wednesday said it has entered into an agreement to acquire the remaining 13 per cent stake in Prerana Hospital Ltd. Aster DM Healthcare had previously held 87 per cent stake in Prerana Hospital Ltd which owns 254-bedded 'Aster Adhaar Hospital' at Kolhapur in Maharashtra. "The transaction will be completed in two tranches and the indicative time period for completion of the acquisition is December 31, 2025," the company said in a statement. The consideration for the acquisition will be determined based on an independent valuation report in accordance with applicable laws, the company said in a regulatory filing. The complete acquisition of Prerana Hospital Ltd marks a significant milestone for Aster DM Healthcare in its continued growth and diversification strategy, the company said. "The complete acquisition aligns perfectly with our strategic goals to consolidate our presence in Western India. The expansion will also further build our customer base and deli

Aster DM Healthcare-Quality Care India merger talks enter final lap

US-based private equity major Blackstone may hold a majority stake in merged entity

Aster DM, Laurus Labs among 5 smallcap stock ideas in a falling market

Eris Lifesciences, BLS International and Five-Star Business are the other 3 smallcap stocks that look favourably placed on the technical charts in an otherwise weak market.

Aster DM Healthcare stock skyrockets 14% after turnaround in Q2FY25

Aster DM Healthcare stock skyrocketed 13.90 per cent at Rs 457.90 a piece on the NSE in Thursday's intraday deals

Aster DM Healthcare Q1FY25 results: Net profit rises 81.3% to Rs 81 cr

Analysts expect hospital chains in the region to benefit from the acute flu season that, apart from coinciding with the June quarter, is known to bring diseases such as dengue and malaria