Private equity firm Olympus to sell upto 10% stake in Aster DM Healthcare on FridayOlympus Capital Asia Investments is set to trim its stake in Aster DM, with a base offering of 2.5 crore shares, representing 5% of the com...
20 Jun, 2024, 07.09 PM IST
Aster DM shareholders approve sale of Gulf businessAster DM Healthcare last week said its board is considering plans to distribute to shareholders about 70-80% of the $903 million it will ge...
23 Jan, 2024, 10.37 PM IST
Aster DM wins over Street with a big payout plan“Following deliberations regarding future expansion plans, capex requirements, and cash reserves, the board is desirous to consider the dis...
17 Jan, 2024, 06.14 AM IST
Aster DM to consider paying Rs 110-120 dividend from proceeds of gulf business saleThe board of directors held a meeting earlier on Monday to discuss the progress of the transaction between Affinity Holdings and Alpha GCC ...
15 Jan, 2024, 09.08 PM IST
Proxy advisor against Aster DM Healthcare's gulf dealAster DM has proposed two resolutions - the sale of its GCC business to Alpha GCC, a related party transaction, and the sale of subsidiary ...
11 Jan, 2024, 06.21 AM IST
Aster DM Healthcare shares zoom 15%, hit 52-week high on sale of Gulf business for $1.01 billion“The board of directors of Affinity approved the sale of shares held by Affinity in Aster DM Healthcare FZC to Alpha GCC Holdings Limited a...
29 Nov, 2023, 11.41 AM IST
Aster DM Healthcare sells majority in Gulf business to Alpha for $1.01 billionOut of the total consideration, $903 million is payable at closing of the deal and up to $98.8 million may be received subsequently, subjec...
29 Nov, 2023, 12.31 AM IST
Aster DM sells stake in its Gulf business for $1.01 billionAster DM Healthcare plans to sell its stake in its Gulf business to Alpha GCC Holdings for $1.01 billion, aiming to separate its operations...
28 Nov, 2023, 08.29 PM IST
Aster’s India unit draws suitors valuing business at $1.5 billionPrivate equity firms BPEA EQT and Ontario Teachers' Pension Plan Board are considering acquiring Aster DM Healthcare Ltd.'s assets in India...
11 Oct, 2023, 04.52 PM IST
Aster Healthcare's promoters in talks with private equity groups, look to sell India businessAster DM Healthcare’s founder Azad Moopen is in talks to sell a controlling stake in the India-listed hospital company to private equity fi...
07 Jul, 2023, 06.11 AM IST
FIIs keen to offload stake in Aster DM Health for $300mThe UAE-based promoters own 41.88% and FIIs 38.63% in the company. As per the reports, Aster's investors Olympus Capital, which has a 19% s...
27 May, 2023, 07.50 AM IST
Investors in Aster DM look to pare their stake in hospital bizThe UAE-based promoters own 41.88% and FIIs 38.63% in the company.
26 May, 2023, 09.38 PM IST
Buy Aster DM Healthcare, target price Rs 230: Kotak Institutional EquitiesAster DM Healthcare key Products/Revenue Segments include Hospital Services, Other Operating Revenue, Pharmaceuticals, Other Services, Cons...
24 Mar, 2022, 08.53 AM IST
Buy Aster DM Healthcare, target price Rs 166: ICICI SecuritiesAster DM Healthcare Ltd., incorporated in the year 2008, is a Mid Cap company (having a market cap of Rs 6633.53 Crore) operating in Hospit...
14 Aug, 2020, 02.11 PM IST
Aster DM Healthcare in talks with PE investors to raise $200 millionAster plans to raise $250-300 million, or about Rs 1,650-2,000 crore, through an initial public offering next year, the sources said.
22 Dec, 2015, 01.46 AM IST
- PE firm New Silk Route in talks with Essar Tele for merger of tower arms
Private equity firm New Silk Route (NSR), which owns a majority stake in telecom tower company Aster Infrastructure, has initiated talks wi...
01 Dec, 2009, 01.26 AM IST
- Essar tower co settles for stake sale
Essar Group plans to sell a stake in Essar Telecom Infrastructure after three unsuccessful attempts to merge the company with larger rivals.
06 Aug, 2009, 03.23 AM IST