5h ago
Aster DM Quality Care in talks to buy control of Yatharth Hospitals as consolidation accelerates
Aster DM Quality Care is in talks to acquire a controlling stake in Yatharth Hospitals as it looks to consolidate hospital assets amid rising private equity interest. Shares of Yatharth Hospitals have climbed 15.3% over the past month, and investors are pricing in a transaction that would trigger a 26% open offer. TPG recently sold a little over 7% of the stake it held in Aster DM Quality Care, where the Moopen family and Blackstone together own 53.72%.
5h ago