UAE: Aster DM Healthcare completes separation into GCC and India businesses

Aster DM Healthcare, a Dubai-based multinational private hospital network, has separated its GCC and India businesses into two distinct and standalone entities.

A consortium of investors led by Fajr Capital, a sovereign-backed private equity firm, has acquired a 65% stake in Aster GCC, with the Moopen family retaining a 35% stake alongside management and operational rights. The transaction valued the GCC business at an equity value of circa US$1.0bn.

In the Indian operations, the Moopen…