US-based private equity (PE) firm Blackstone Inc. (NYSE:BX) in talks with the Moopen family, the promoters of BSE-listed Aster DM Healthcare Limited (NSEI:ASTERDM), to merge its 5,000-bed unlisted hospital chain, Quality CARE India Limited, with Aster, according to a source familiar with the discussions. If successful, the American PE firm is likely to hold a majority stake in the merged entity.
Real-time Estimate
Other stock markets
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5-day change | 1st Jan Change | ||
144.78 USD | +1.05% | +4.62% | +10.50% |
Stocks mentioned in the article
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417.00 INR | +2.08% | +2.49% | 2.42B | ||
144.78 USD | +1.05% | +4.62% | 110B | ||
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- Blackstone Reportedly in Talks with the Promoters of Aster DM Healthcare to Merge Quality Care India with Aster