Aster Dm Dividend News Today : Breaking News, Live Updates & Top Stories | Vimarsana

​In reaction to the recent disclosure by Aster DM Healthcare and its commitment to allot 70-80% of the revenue generated from the sale of its Gulf Cooperation Council (GCC) business to Alpha GCC Holdings for distribution to shareholders, Institutional Investor Advisory Services India (IiAS), a proxy advisory firm, has revised its voting recommendation from "against" to "for."

Earlier, Dubai-based Aster DM Healthcare had approved the sale of its business in the GCC (Gulf Cooperation Council) region to Alpha GCC Holdings for a consideration of $1.01 billion.

The board of directors held a meeting earlier on Monday to discuss the progress of the transaction between Affinity Holdings and Alpha GCC Holdings for segregation of the companys GCC business.