Economy · India
Moopen Family Increases Stake in Aster DM Healthcare
The family of Dr. Azad Moopen has acquired an additional 0.57% stake in Aster DM Quality Care, a healthcare company. The transaction, which involved the purchase of 46.09 lakh equity shares at ₹760 per share, amounted to approximately ₹350.34 crore. This acquisition raises the Moopen family's total stake in Aster DM Quality Care to 24.58%. The purchase occurred on September 2, with Union (Mauritius) Holdings, owned by the Moopen family, being the acquiring entity. This move comes as TPG, an investment firm, pares its holding in the company.
How outlets across the spectrum covered it
L 1 C 5 R 0
- Left (1): The Wire
- Centre (5): Business Standard, The Financial Express, The Hindu BusinessLine, The New Indian Express, The Tribune