Aster DM Healthcare through its Subsidiary--Aster DM Healthcare FZC has entered into a Share Purchase Agreement to acquire 100% stake in Wahat Al Aman Home Healthcare LLC, Abu Dhabi on December 30, 2019 which will be EPS accretive.
The acquisition of the target entity shall result in enhancing Aster DM Healthcare’s presence in Abu Dhabi market. The target entity’s business falls under the main line of business (Healthcare services) of Aster DM Healthcare.
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.