MoneyWorks4Me

True North sells 7.39% stake in Aster DM Healthcare

27 Jun 2019 Evaluate

True North has sold 7.39% stake in Aster DM Healthcare worth over Rs 448 crore through open market transactions. A total of 3.73 crore shares, amounting to 7.39% stake, were offloaded by True North Fund III A at a price of Rs 120.03 per scrip, translating into a Rs 448.47 crore transaction.

Aster DM Healthcare operates as a healthcare company in the Middle East, India, and the Far East. It operates hospitals and clinics, pharmacies, diagnostic centers, educational institutions, and healthcare management and healthcare support systems.

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