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According to the bulk deal data available with the BSE, more than 4.42 crore equity shares of Aster DM Healthcare were sold by Olympus Capital Asia Investments and 45.59 lakh shares by Olympus ACF Pte Ltd of the company. In a separate deal, Capital Group acquired shares of Aditya Vision, a financial services company, for Rs 95 crore.
Following the stake sale, the board will consider distributing 70–80 percent of the upfront consideration of $903 million as a dividend to its shareholders
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.
By Hadeel Al Sayegh DUBAI (Reuters) -Dubai-based Aster DM Healthcare is looking to sell a majority stake in its Gulf-based business and has short-list...
PE firm Fajr Capital and Dubai financial services firm Gulf Islamic Investments have been shortlisted.