Page 2 - Aster Dm Healthcare
Merger between Aster DM, QCIL unlocks operational advantages: Azad Moopen
The merger between Aster DM Healthcare and Quality Care India unlocks clear operational and strategic advantages that will drive growth and better patient care across the combined network
 "Merger between Aster DM, QCIL unlocks operational advantages: Azad Moopen")
Aster DM acquires 5% stake in QCIL via Rs 849 cr share swap deal
The transaction involved Aster DM Healthcare acquiring 1,90,46,028 equity shares of QCIL from BCP and TPG, the company noted
 "Aster DM acquires 5% stake in QCIL via Rs 849 cr share swap deal")
Aster DM Healthcare gets CCI go-ahead for merger with Quality Care India
Combined entity to be among top 3 hospital chains in India with more than 10,000 beds across 27 cities
Stocks to Watch Today, April 16: IndusInd Bank, ICICI Lombard, IREDA
Stocks to Watch Today, April 16: IndusInd Bank, Adani Total Gas, ICICI Lombard, IREDA are some of the top stocks to watch today
 "Stocks to Watch Today, April 16: IndusInd Bank, ICICI Lombard, IREDA")
Aster DM share price up 10% on heavy volume, nears 52-week high in weak mkt
Aster DM share price hit an intraday high of ₹500.25 per share. The stock inched closer to its 52-week high level of ₹558.3, which it touched on April 15, 2024
 "Aster DM share price up 10% on heavy volume, nears 52-week high in weak mkt")
Aster DM promoters reduce share pledge to 41% for debt refinancing
"This milestone also reinforces trust among our stakeholders, investors, and partners as we continue to expand our footprint in India," added Moopen
 "Aster DM promoters reduce share pledge to 41% for debt refinancing")
Aster DM share price slips 6% on posting Q3 results; check all details
The company's total revenue from operations stood at Rs 1,049.81 crore, up 10 per cent Y-o-Y, as compared to Rs 954.67 crore
 "Aster DM share price slips 6% on posting Q3 results; check all details")
Aster DM hits 8-month high, up 30% in 2 months on healthy growth outlook
Given its impressive revenue CAGR of 22 per cent through FY19-24 with improving profitability, analysts at Elara Capital expects strong growth to continue, though at moderated levels.
 "Aster DM hits 8-month high, up 30% in 2 months on healthy growth outlook")
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, Blackstone eye inorganic growth in North India: Alisha Moopen")
Aster DM adds Quality to ranks in India's biggest health care deal
At enterprise value of Rs 43,000 cr, merged entity set to be among top three players in India
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 Aster Aadhar Hospital")
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 to acquire remaining 13% stake in Prerana Hospital")
Stocks to watch, Nov 11: Asian Paints, Britannia, Vedanta, REC, Tata Motors
Stocks to watch on Monday, November 11, 2024: Here are few stocks that will be in spotlight
 "Stocks to watch, Nov 11: Asian Paints, Britannia, Vedanta, REC, Tata Motors")
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 Healthcare-Quality Care India merger talks enter final lap")
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, Laurus Labs among 5 smallcap stock ideas in a falling 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 stock skyrockets 14% after turnaround in Q2FY25")
PE firm Blackstone likely to own majority in Aster-Care merged entity
While the unlisted Quality Care India is valued at around Rs 16,826 crore ($2 billion) by bankers, Aster DM Healthcare's total market valuation was Rs 18,424 crore as of Monday
 "PE firm Blackstone likely to own majority in Aster-Care merged entity")