Key Points
Foreign institutional investors in Aster DM Healthcare, the listed Indian arm controlled by the UAE-based hospital conglomerate by the same name, are looking to offload 30% of their stake in the Indian healthcare business for about $300 million, reports say..
Investors in the Bengaluru-headquartered hospital chain are in talks with private equity fund KKR and hospital chain Max Healthcare Institute, reports said...
The UAE-based promoters own 41.88% and FIIs 38.63% in the company..
For the companys Indian segment, full year revenue rose 25% to Rs 2,983 crore..
The company, which has presence in Kerala, Karnataka, Maharashtra, Andhra Pradesh and Telangana has increased its total capacity of beds in India to 4,317 from 3,905 last year...
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