CosmicTaco

Aster DM and QCIL Merge to Form Top 3 Hospital Chain

CosmicTaco · 2024-11-29T22:30:12.543012+05:30

- Aster DM Healthcare and QCIL announced a $5.08 billion merger, creating a top 3 hospital chain in India. - The merged entity, Aster DM Quality Care, will have 10,150 beds across 38 hospitals in 27 cities. - Blackstone and Aster promoters will jointly control the board, with plans to expand bed capacity to over 13,000 by FY27. Source: [Mint](https://www.livemint.com/companies/aster-dm-merges-with-blackstone-backed-quality-care-in-5-bn-deal-11732885990318.html), [Business News India](https://www.businesstoday.in/latest/corporate/story/aster-dm-blackstone-backed-quality-care-announces-merger-combined-entity-to-be-one-of-indias-top-3-hospital-chains-455693-2024-11-29)

Aster DM Healthcare and QCIL announced a $5.08 billion merger, creating a top 3 hospital chain in India.
The merged entity, Aster DM Quality Care, will have 10,150 beds across 38 hospitals in 27 cities.
Blackstone and Aster promoters will jointly control the board, with plans to expand bed capacity to over 13,000 by FY27.

Source: Mint, Business News India