Shareholders of Aster DM Healthcare have approved the resolution to separate the company’s India and Gulf Cooperation Council (GCC) businesses. The separation involves the sale of Affinity Holdings Private Limited’s entire stake in entities conducting business in the GCC region to Alpha GCC Holdings Limited. The deal, valued at $1 billion, is expected to result in Aster DM Healthcare receiving $1.001 billion, with $903 million paid upon closing. The board is considering distributing 70-80% of the upfront consideration as a dividend to shareholders, approximately Rs 110-120 per share.