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Aster DM Healthcare to acquire 80% stake in Premium Healthcare

01 Nov 2019 Evaluate

Aster DM Healthcare through its Subsidiary -- Aster DM Healthcare FZC -- has entered into a share purchase agreement on October 30, 2019, to acquire 80% stake in Premium Healthcare, UAE. The target entity is in the business of running and operating a Clinic at Dubai International Financial Centre. The acquisition of shares is likely to be completed by December 31, 2019.

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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