Over the last 35 years, Dr. Moopen – Founder Chairman and Managing Director of Aster DM Healthcare has played a phenomenal role in strengthening the healthcare delivery system in GCC
The proposed scheme to include low-income NRIs under Ayushman Bharat (PM-JAY) would ensure life-long coverage for each individual along with their spouses
With the expansion, the hospital’s total bed capacity will rise from 380 to 539 beds
The endorsement follows overwhelming support for the share swap preceding the merger,
On a proforma basis in Q3 FY26, revenues grew by 15% YoY to Rs. 2,366 Cr and operating EBITDA increased by 22% YoY to Rs. 503 Cr
This will be Aster’s fifth hospital in Bengaluru
The transaction structured as share swap, is valued at ~Rs. 849 crore, with no cash outflow
The merged entity ‘Aster DM Quality Care’ will be jointly controlled by Aster Promoters and Blackstone
The new lenders – JP Morgan, HSBC, and Barclays provided fresh funding
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