Mint had reported on 28 November that Aster DM Healthcare sold its gulf business to Fajr Capital and the Moopens, the founding family of Aster DM.
KKR, which is believed to be in advanced talks with Aster DM for the India deal, may initially acquire 20-25% stake, but may purchase more later, the people said. The suitors have presented different deal models to pursue the transaction.
A third person aware of the transaction said on the condition of anonymity that the Moopens prefer to close the sale of the GCC (Gulf Cooperation Council) unit before pursuing a stake sale in the Indian operations. The sale of the Gulf business is expected to close by March 2024.
Denne historien er fra December 12, 2023-utgaven av Mint Mumbai.
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Denne historien er fra December 12, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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MHI holds talks on subsidy for e-trucks
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India ranks 3rd in improving its business environment
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