Aster Plans To Reduce Debt By Offloading Non-Core Assets
  • WebDesk BTVI
  • Aug 29 2019

Dr. Azad Moopen, CMD of Aster DM Healthcare, said the company is planning to reduce debt by offloading non-core assets like unused land holdings. He said the focus will be on developing laboratories in Bengaluru in FY21. The firm's current debt-EBITDA level is less than 3, but it aims to bring it down to 2.5 in the short term. Here's more.