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mergers and acquisitions roundup aster dm healthcare and others in focus
Aster DM Healthcare will merge with Blackstone-backed Quality Care India, enhancing its competitive position against Apollo and Manipal Hospitals. TI Fluid has agreed to a £1.04 billion takeover by ABC Technologies, while a German cement maker is acquiring Giant Cement Holding for $600 million. Reliance Industries has purchased a 21% stake in Wavetech Helium for $12 million, and Macquarie is offering £700.9 million for Renewi. Fortress Investment Group plans to acquire Loungers for approximately £350.5 million.