Aster DM Healthcare and Blackstone and TPG-backed Quality Care have decided to merge to create one of India's top three hospital chains.

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Aster DM Quality Care Limited is set to merge with four prominent healthcare brands, including Aster DM, CARE Hospitals, ...

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Aster DM Healthcare (Aster) said that it has entered into definitive agreement to merge with Quality Care India Limited (QCIL) backed by Blackstone and TPG, one of the largest privately held hospital ...

The merged entity, Aster DM Quality Care Limited, will have more than 10,150 beds spanning 27 cities, and is expected to become one of the top 3 hospital chains in India.

Aster DM Healthcare, one of India's largest integrated healthcare service providers, has entered into definitive agreement with Quality Car.

Ahead of the merger, Aster will acquire a 5% stake in QCIL from Blackstone and TPG through a primary share issuance for a 3.6 ...

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