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M&A: Blackstone-backed CARE Hospitals signed definitive agreement for merger with DM Aster Healthcare

M&A: Blackstone-backed CARE Hospitals signed definitive agreement for merger with DM Aster Healthcare

by Vora Corporate Finance | Dec 16, 2024 | Insights, Merger & Acquisitions

Transaction: Ahead of the merger, Aster will purchase a 5.0% stake in Quality Care from Blackstone and TPG in consideration of primary share issuance by Aster for a 3.6% stake. Post the initial share acquisition, Quality Care will be merged into Aster by way of a...
M&A: Blackstone acquires controlling stake in CARE Hospitals and KIMS Hospitals

M&A: Blackstone acquires controlling stake in CARE Hospitals and KIMS Hospitals

by Vora Corporate Finance | Dec 2, 2023 | Insights, Merger & Acquisitions

M&A: Blackstone acquires controlling stake in CARE Hospitals and KIMS Hospitals Transaction: US-based private equity major Blackstone said on Monday it had completed the acquisition of a 72.5 per cent stake in Quality Care India Ltd (QCIL), which operates a...

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