Loading...
Market
How many hospitals will Aster DM Healthcare operate in India by the end of 2025?
2
Resolution / Starting Odds
Less than 25 • 25%
25 to 30 • 25%
31 to 35 • 25%
More than 35 • 25%
Aster DM Healthcare's official announcements and financial disclosures
Story
Aster DM Healthcare Merges with Quality Care India, Creating $5 Billion Entity with 10-15% EBITDA Expansion
Dec 2, 2024, 01:15 AM
Aster DM Healthcare has announced a significant merger with Blackstone-backed Quality Care India, creating a combined entity valued at approximately Rs 43,000 crore ($5 billion). The merger will be accretive to earnings per share (EPS) from the first year, according to Alisha Moopen, Deputy Managing Director of Aster DM Healthcare. The deal involves Aster DM acquiring 1.9 crore shares of Quality Care India at Rs 445.8 per share through a share swap agreement. This merger positions Aster DM among India's top three hospital chains and is expected to drive additional EBITDA expansion of 10-15% over the next 24-36 months, with a projected revenue compound annual growth rate (CAGR) for the combined entity. Aster DM's founder-chairman, Dr. Azad Moopen, is also involved in outlining the merger's roadmap and broader expansion plans.
View original story
Similar markets
Aster DM leads with over 30% market share • 25%
Aster DM has 20-30% market share • 25%
Aster DM has less than 20% market share • 25%
Data unavailable or inconclusive • 25%
Yes • 50%
No • 50%
Moopen family retains key leadership roles • 25%
Blackstone appoints new leadership • 25%
TPG appoints new leadership • 25%
Other stakeholders appoint new leadership • 25%
0-10 • 25%
11-20 • 25%
21-30 • 25%
31+ • 25%
Less than 10 • 25%
10 to 20 • 25%
21 to 30 • 25%
More than 30 • 25%
0-10 • 25%
11-50 • 25%
51-100 • 25%
101+ • 25%
1-5 new cities • 25%
6-10 new cities • 25%
11-15 new cities • 25%
More than 15 new cities • 25%
1-2 hospitals • 25%
3-4 hospitals • 25%
5-6 hospitals • 25%
More than 6 hospitals • 25%
Hospital resumes normal operations • 25%
Hospital remains partially operational • 25%
Hospital shuts down permanently • 25%
Hospital relocates • 25%
2 • 25%
3 • 25%
4 • 25%
5+ • 25%
Less than 10 • 25%
10 to 50 • 25%
51 to 100 • 25%
More than 100 • 25%