Another big-ticket transaction is brewing in the healthcare sector, with US-based private equity (PE) firm Blackstone in talks with the Moopen family, the promoters of BSE-listed Aster DM Healthcare, to merge its 5,000-bed unlisted hospital chain, Quality Care India, 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.
Read the full article: PE Firm Blackstone Likely to Own Majority in Aster-Care Merged Entity //
Source: https://www.business-standard.com/companies/news/blackstone-may-own-majority-stake-in-aster-quality-care-merged-entity-124080501249_1.html