Aster DM Healthcare shares skid 4% on plan to divest Gulf biz; analysts bullish
The healthcare firm plans to split India and GCC (Gulf Cooperation Council) businesses into separate entities and divest gulf business for $1 billion.
dr azad moopen
November 2023
Aster DM Healthcare to split India, GCC biz for $1.01 bn
Fajr Capital-led consortium to acquire a 65% stake; the Moopen family to manage GCC biz retaining a 35% stake
