According to reports, Blackstone, which currently holds a 79% stake in Quality Care India, the Indian arm of CARE Hospitals, will become the largest shareholder of the post-merger entity.

Aster chose Hyderabad for its new hospital due to its growing population, healthcare hub status, and high demand for specialised maternal and paediatric care

Aster DM Healthcare dismisses merger rumours with Blackstone-backed Care Hospitals that could have created one of the largest healthcare networks in India.