July 25, 2016 5:34 PM ET

Healthcare Providers and Services

Company Overview of Aster DM Healthcare Limited

Company Overview

Aster DM Healthcare Limited operates as a healthcare company in the Middle East, India, and the Far East. It operates hospitals and clinics, pharmacies, diagnostic centers, educational institutions, and healthcare management and healthcare support systems. The company was founded in 1987 and is headquartered in Dubai, the United Arab Emirates.

Tower D – Aspect Towers

33rd Floor, Executive Towers at Bay Avenue

Business Bay

PO Box 8703

Dubai,  

United Arab Emirates

Founded in 1987

12,774 Employees

Phone:

971 4 4546 001

Fax:

971 4 4546 003

Key Executives for Aster DM Healthcare Limited

Chairman, Managing Director, Chairman of Corporate Social Responsibility Committee and Chairman of IPO Committee
Age: 63
Chief Financial Officer
Age: 42
Cluster Head of Kerala and Chief Executive Officer of Aster Medcity
Age: 48
Vice President and Chief Executive Officer of Medcare Hospitals & Clinics
Age: 49
Assistant Vice President and Chief Executive Officer of Aster Pharmacy
Age: 45
Compensation as of Fiscal Year 2016.

Aster DM Healthcare Limited Key Developments

Aster DM Looking To Acquire Controlling Stake In Ramesh Hospitals

Aster DM Healthcare Private Limited is looking to acquire a controlling stake in a few months and has committed to invest around INR 2 billion over the next 12-18 months in Dr. Ramesh Cardiac and Multispeciality Hospital P Ltd. (Ramesh Hospitals) to turn it into its majority owned subsidiary.

General Atlantic, Temasek Reportedly In Talks to Buy Stake in Aster DM Healthcare

General Atlantic LLC and Singbridge International Singapore Pte Ltd / Temasek Holdings (Private) Limited are reportedly in separate discussions to acquire a minority stake in Aster DM Healthcare Private Limited. The new investors will buy about 10-15% stake in Aster DM, said two persons close to the development. spokesperson at DM Healthcare did not respond to an email sent. Spokespersons for General Atlantic and Temasek declined to comment.

DM Healthcare Reportedly Seeks To Acquire/Build Worth AED 1 Billion In Saudi Arabia By 2020

According to Gulf News, Aster DM Healthcare Private Limited intends to commit more than AED 1 billion in building four new or acquiring existing health care facilities in Saudi Arabia over the next four years.

Similar Private Companies By Industry

Company Name Region
Abu Dhabi Knee & Sports Medicine Centre Middle East/Africa
Al Moosa Healthcare Group Middle East/Africa
Al Noor Medical Company Middle East/Africa
Amana Health Care Middle East/Africa
American Academy of Cosmetic Surgery Hospital Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 31, 2016
Dr. Ramesh Cardiac and Multispeciality Hospital P Ltd.
Merger/Acquisition
October 11, 2015
Sanad Hospital
 

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