Aster DM Healthcare jumps 12%, to consider Rs 120 dividend following GCC biz stake sale

Aster DM Healthcare shares jump 12 percent in early trade on January 16 as the stake sale of its Gulf Cooperation Council (GCC) business to Alpha GCC Holdings nears completion.

In 2023, the Dubai-based Aster DM Healthcare had approved the sale of its business in the GCC region to Alpha GCC Holdings for $1.01 billion. Of this, $903 million will be received at the…