[ad_1] The merger between Aster DM Healthcare and Blackstone-backed Quality Care India Limited (QCIL) is expected to reduce HR and procurement costs for the combined entity while eliminating resource duplication. Speaking exclusively to CNBC-TV18 at the Invest Kerala Global Summit, the company’s director, Anoop Moopen, stated that the merger would be completed within eight months. […]
Aster DM announces merging Blackstone-backed Quality Care India with itself via share swap – CNBC TV18
[ad_1] In confirmation of a CNBC-TV18 newsbreak, Aster DM Healthcare has announced a merger with Blackstone-backed Quality Care India Ltd. through a share swap ratio. As per the merger, Aster DM will allot 1.86 crore shares of itself to acquire 1.9 crore shares of QCIL held by BCP Asia II TopCo IV Pte. Ltd. and […]