Aster DM Healthcare concludes separation of GCC and India businesses, and Fajr Capital-led consortium’s investment in Aster GCC

• Aster’s GCC and India businesses officially separate to establish two distinct and standalone healthcare champions
• Aster GCC will continue to be managed and operated by the Moopen family and the family will maintain a 35% stake in the company
• Fajr Capital-led consortium, which includes Emirates Investment Authority, Al Dhow Holding Company (the investment arm of AlSayer Group), Hana Investment Company (a subsidiary of Olayan Financing Company) and Wafra International Investment Company, completes the acquisition of 65% stake in Aster GCC
• Aster GCC set to embark on an ambitious expansion plan across the Gulf region, especially in Saudi Arabia, and enhance access to high quality healthcare across physical and digital channels