Olympus Capital Holdings Asia,LLC is likely to sell up to 10% stake in Aster DM Healthcare Limited (NSEI:ASTERDM) on June 21, 2024 through block deals to raise about INR 17.00 billion. According to the term sheet issued by Kotak Securities, the PE firm has proposed a floor price of INR 331 per share - a 7.1% discount to June 20, 2024?s closing price of INR 356.35. The base size is 25 million shares, constituting 5% of the company, with an option to increase it to another 25 million shares, or 5% of total equity, in case of oversubscription.

As of March 31, 2024, Olympus Capital Asia Investments held a 10.1% stake in Aster DM.