Fajr Capital to acquire a 65% stake in Gulf business from Aster DM Healthcare for $1bn.

Fajr Capital, a private equity investor, agreed to acquire a 65% stake in Gulf business from Aster DM Healthcare, a healthcare company, for $1bn. “The Moopen family has built a world-class company, with a rich legacy of delivering high quality healthcare to millions of patients. Large family-led platform businesses is an area where we have deep experience and we believe that Aster has significant potential to meet the growing demand for integrated healthcare services across the Gulf region. We are grateful to the Moopen family for their trust and look forward to working with them, our consortium partners and the management team to accelerate Aster’s ambitions through continued investment, innovation and expansion," Iqbal Khan, Fajr Capital CEO.