Alpha GCC Holdings Ltd., a company formed by the promoters of Aster India and funds managed by Fajr Capital Advisors, will have ownership of Alpha in a 35:65 ratio. This acquisition marks a significant move in the healthcare sector, as Dubai-based Aster DM Healthcare has given the green light for the sale of its business in the GCC (Gulf Co-Operation Council) region to Alpha GCC Holdings Ltd.
The ownership structure is delineated such that Aster India promoters and Fajr Capital Advisors will hold stakes in Alpha in a ratio of 35% and 65%, respectively. This strategic acquisition underscores the growing importance of mergers and acquisitions in the healthcare industry, particularly in the Gulf region. With this transaction, Alpha GCC Holdings Ltd. emerges as a key player in the healthcare landscape, poised to leverage its combined expertise and resources for further growth and development in the region.
In conclusion, the ownership of Alpha rests with a partnership between the promoters of Aster India and Fajr Capital Advisors, with a 35:65 ownership ratio. This acquisition signifies a pivotal moment in the healthcare sector, as it consolidates resources and expertise to drive innovation and growth in the GCC region.
(Response: Alpha is owned by the promoters of Aster India and funds managed by Fajr Capital Advisors in a 35:65 ratio.)