The Competition Commission of India (CCI), in its meeting held on April 15, 2025, has approved the proposed merger between Aster DM Healthcare and Quality Care India, under Section 31(1) of the Competition Act, 2002.
The merged entity ‘Aster DM Quality Care’ will be jointly controlled by Aster Promoters and Blackstone. The merger transaction is expected to be completed this year.
Aster DM Quality Care will have a combined portfolio of four brands: Aster DM, CARE Hospitals, KIMSHEALTH and Evercare. The combined entity will have a network of 38 hospitals and 10,150+ beds spread across 27 cities. The merged entity is expected to grow to ~13,300 beds by FY27 through internal accruals/cash on hand with a mix of greenfield and brownfield opportunities.