Health
Aster’s Gulf Unit Eyes $250 Million Health-Care Deals for Saudi Expansion
- Company looking to acquire Saudi medical centers, hospitals
- GCC unit aims for a public listing in the next few years
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Aster DM Healthcare Ltd.’s newly-hived off Gulf entity is considering acquiring assets worth as much as $250 million in a bid to expand its footprint in Saudi Arabia.
The deals are likely to be for medical centers and hospitals and completed in the next three to five years, said Alisha Moopen, managing director and group chief executive officer of Aster’s Gulf Cooperation Council unit.