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Aster DM Healthcare acquires 5% stake in Quality Care India for ₹849.13 crore, paving way for merger.
Aster DM Healthcare has acquired a 5% stake in Quality Care India Ltd. (QCIL) via a share swap valued at ₹849.13 crore, marking a step towards their upcoming merger.
The deal involves Aster DM Healthcare taking over 1,90,46,028 QCIL shares and giving 1,86,07,969 of its own shares in return.
The merger, which requires final approvals, aims to create a stronger healthcare network across India.
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