True North sells 7.4% stake in India's Aster DM Healthcare for $64m

Photo: Pixabay

Private equity firm True North has sold its 7.4 per cent stake in BSE-listed hospital operator Aster DM Healthcare Ltd, according to bulk deals data available with the stock exchange.

True North has sold nearly 37.3 million shares in the hospital operator for about Rs 448 crore ($64 million) through open market transactions. True North III A held about 8.23 per cent stake in Aster DM Healthcare as of March 31, 2019.

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