Aster DM Healthcare to Merge with Quality Care India

Aster DM Healthcare Limited is one of India's largest and fastest-growing integrated healthcare service providers.

- RAJIV KAPOOR

Aster DM Healthcare Limited is one of India's largest and fastest-growing integrated healthcare service providers. Aster is listed on the Indian stock exchanges and is one of the largest privately held hospital chains in the country, with a prime focus on emerging cities, particularly in Southern and Central India.

Aster DM Healthcare and Quality Care India Limited have recently signed a definitive agreement to merge, resulting in a merged listed entity that will be called Aster DM Quality Care Limited, thereby creating one of India's top 3 hospital chains in terms of revenue and bed capacity.

This would result in significant strengths for the merged entity to offer scale, diversification, enhanced financial metrics, synergies, and increased growth potential with the backing of large private equity investors.