Aster DM acquires 5% stake in QCIL for ₹849.13 cr.
Aster DM Healthcare has announced the completion of its acquisition of 5% stake in Quality Care India Ltd. (QCIL) from BCP Asia II TopCo IV Pte. Ltd. (BCP) and Centella Mauritius Holdings Limited (Centel-la) through a share swap ahead of QCIL's merger with Aster DM Healthcare.
The merger was an-nounced in November 2024. The transaction was completed by acquiring 1,90,46,028 equity shares of Quality Care India Ltd. by Aster DM Healthcare from BCP and TPG for a va-lue of ₹849.13 crore, Aster said in a statement.
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