The deal is part of Aster’s plan to unlock its value through a business restructuring, which includes divesting stakes in its GCC and India-based businesses
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Aster
Aster DM India stock zooms 9.5% on reports of potential sale of business
Private equity firm BPEA EQT and Ontario Teachers’ Pension Plan Board have reportedly shown interest in acquiring Aster DM Healthcare Ltd’s assets including its India business
aster clinic
Aster DM Healthcare partners with Siemens Healthineers for sustainable solutions in the GCC
Key areas of the partnership include ongoing supply, maintenance, and life cycle management of medical technology across multiple sites, supported by digital solutions to optimise workflows and to enhance clinical delivery
GCC healthcare
UAE health major NMC entering ‘finishing straight’ for administration exit
Healthcare operator reports gross revenues of $915m for third quarter of 2021
Aster Cayman Medcity
Dubai major inks Cayman Islands healthcare hub deal to serve Americas
Aster DM Healthcare says to develop Medcity concept including hospital, assisted living facility and university
Alisha Moopen
Dubai healthcare operator eyes high-tech ways to improve mental health services
Aster DM Healthcare set up an innovation lab earlier this year to spur the next big changes in the healthcare sector
Capital Market Authority
Saudi CMA approves Dr Sulaiman Al Habib Medical Group IPO
Dr Sulaiman Al Habib Medical Group plans to offer 52.5 million shares, representing 15 percent of its share capital
Alisha Moopen
“All of us are doing sickcare. When are we going to do healthcare?” – Dr Azad and Alisha Moopen
In their first joint interview, Dr Azad Moopen, a pioneer of the GCC’s healthcare sector, and his daughter Alisha, the newly appointed deputy managing director at Aster DM Healthcare, outline their ambitious plans for the future
BR Shetty
NMC registers 32.6% increase in revenue for H1 2019
CEO Prasanth Manghat refused to comment on reports Chinese investors are looking to buy a 40% stake in company
Alisha Moopen
UAE’s Aster DM Healthcare may launch London IPO within next 3 years after Brexit
The Dubai healthcare firm listed on the Bombay Stock Exchange in February 2018
Engineer Sobhi Batterjee
Sobhi AbdulJaleel Batterjee: Keeping it in the family
As he passes the baton of Saudi German Group to his son, Engineer Sobhi AbdulJaleel Batterjee shares his insights on succession and preparing Makarem to continue the family legacy.
Bait Al Batterjee Holding
Saudi German Hospital Group: The art of succession
As Makarem Sobhi Batterjee assumes the leadership of Saudi German Hospital Group, he reflects on the healthcare legacy of his father, Engineer Sobhi Batterjee and shares his plans to take the regional healthcare provider global
acquisition
Dubai’s Aster DM Healthcare looking at acquisitions in UK, Finland, Australia
Aster DM Healthcare is also looking at entering the African market as an operator
Abu Dhabi
UAE’s VPS Healthcare said to reconsider London IPO on Brexit woes
VPS Healthcare is also evaluating listing in the US or Singapore and will decide closer to the IPO
Abu Dhabi
VPS Healthcare to open four specialty hospitals over 12 months
The new beds, in areas such as oncology and maternity, will boost the hospital operator’s capacity in the region by 30%