Emirates Investment Authority Invests in Aster’s GCC Business

Posted on 11/30/2023

Aster DM Healthcare (Aster), one of the largest and fastest-growing integrated healthcare providers in GCC and India, received board approvals from its subsidiary Affinity Holdings Private Limited and approval from its Board of Directors to separate the India and GCC businesses into two distinct and standalone entities. Under the separation plan, Affinity has entered into a definitive agreement with a consortium of investors led by Fajr Capital, a sovereign-owned private equity firm headquartered in the UAE, to invest…