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PE firm Olympus to sell up to $235 million stake in India's Aster DM, term sheet shows
Reuters via Yahoo Singapore Finance· 3 months ago(Reuters) -Private equity firm Olympus Capital Asia plans to sell a 9.8% stake in India's Aster DM Healthcare for up to 19.53 billion rupees (nearly $235 million), according to a term sheet ...
Hospital chain Aster DM says deal to sell major stake in Gulf business nearing completion
Reuters via Yahoo News Singapore· 4 months agoBENGALURU (Reuters) - Hospital chain Aster DM Healthcare on Wednesday said that the separation of its Indian and Gulf businesses, alongside the proposed investment in its GCC business by an ...
India's Aster DM posts first quarterly profit rise in five quarters
Reuters via Yahoo Singapore Finance· 5 months agoAster DM Healthcare posted its first increase in quarterly profit since the first quarter of fiscal 2023 on the back of strong performance at the company's domestic hospitals segment. Consolidated ...
IT drags Indian shares after recent rally; HDFC Bank results eyed
Reuters via Yahoo News Singapore· 6 months agoBy Bharath Rajeswaran BENGALURU (Reuters) -Indian shares fell on Tuesday, dragged by a pullback in...
India's Aster mulls dividend payout from $1 billion Gulf demerger amid proxy firm pressure
Reuters via Yahoo Singapore Finance· 6 months agoIndia's Aster DM Healthcare plans to distribute to shareholders about 70%-80% of the $903 million it will get by selling its Gulf business, the hospital chain said Monday, days after a proxy ...
Deals of the day-Mergers and acquisitions
Reuters SG via Yahoo Singapore Finance· 7 months ago** Online luxury retailer Farfetch's founder José Neves is looking to take the company private after a troubled New York Stock Exchange listing, the Telegraph reported on Tuesday. ** RWE is ...
India's Max Healthcare Institute reports 38% rise in Q2 pre-tax profit
Reuters via Yahoo News Singapore· 8 months ago(BENGALURU) (Reuters) - India's Max Healthcare Institute on Monday reported a 38% rise in its second-quarter profit before tax, as it earned more revenue per bed. The hospital and diagnostic ...
Indian shares dragged by IT stocks; earnings, inflation prints eyed
Reuters via Yahoo Singapore Finance· 9 months agoBy Bharath Rajeswaran BENGALURU (Reuters) -Indian shares closed lower on Thursday, dragged by a...
India's Aster DM posts 93% fall in Q1 profit on new hospital losses, taxes
Reuters via Yahoo Singapore Finance· 11 months agoIndia's Aster DM Healthcare reported a nearly 93% fall in its first-quarter profit on Monday, its fourth straight quarterly profit fall, dragged by losses from its new hospitals and a one-time ...
Aster DM Healthcare confirms talks with Fajr Capital, others on Gulf business
Reuters via Yahoo News Singapore· 1 year agoAster DM Healthcare on Wednesday confirmed that it was in discussions with Fajr Capital, as well as other parties, as part of exploring a potential carve-out of its Gulf business. Reuters reported ...