combined entity to be one of India's Top 3 hospital chains

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, 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,
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, 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 adds Quality to ranks in India's biggest health care deal
Aster DM Healthcare has announced a merger with Blackstone-backed CARE Hospitals with the Bengaluru-based company, leading to the creation of Aster DM Quality Care, which will be among the top three players in India with 38 hospitals and a presence in 27 cities of the country.
Aster DM and Blackstone-backed Quality Care to merge, create one of India's largest hospital chains
Aster DM Healthcare Ltd on November 29 said it will acquire 1.9 crore shares of Blackstone-owned CARE Hospitals at Rs 445.8 per share. In a stock exchange filing, Aster DM said it will 1.9 crore equity shares of Quality Care India Limited by issuing 1.86 crore of its own shares to QCIL 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.
Aster DM Healthcare acquires Blackstone-backed Quality Care India in share swap
Aster DM Healthcare acquires Quality Care India, forming Aster DM Quality Care Ltd with 38 hospitals and ₹7,300 crore revenue.
With 14,000 beds, we will become one of the largest healthcare providers in India, says Alish Moopen
Aster's Alisha Moopen outlines how Aster’s merger will shape India’s healthcare future, focusing on scale, innovation, and ...
Blackstone Deepens India Push With $5 Billion Hospital Deal
Quality Care India Ltd., the Indian hospital chain backed by Blackstone Inc., agreed to combine with Aster DM Healthcare Ltd.
‘Our goal is to become the finest healthcare institution in India’
A day after Aster DM Healthcare and Blackstone-backed Quality Care India announced a merger to make a $5 billion entity, ...