Brief: Advent International To Acquire A Significant Stake In Suven Pharmaceuticals From Jasti Family

Cohance Lifesciences

26/12/2022 02:34

Dec 26 (Reuters) - Suven Pharmaceuticals Ltd  SUVH.NS :
    * JASTI PROPERTY AND EQUITY HOLDINGS EXECUTED A SHARE
PURCHASE
AGREEMENT WITH BERHYANDA LTD
    * ADVENT INTERNATIONAL TO ACQUIRE A SIGNIFICANT STAKE IN CO
FROM
JASTI FAMILY
    * ADVENT INTENDS TO EXPLORE MERGER OF ITS PORTFOLIO CO,
COHANCE
LIFESCIENCES WITH SUVEN
    * ADVENT TO ALSO MAKE OPEN OFFER TO ACQUIRE ADDITIONAL 26%
OF
OUTSTANDING EQUITY SHARES OF CO FROM PUBLIC SHAREHOLDERS

Source text for Eikon:  ID:nNSEbVcycj 
Further company coverage:  SUVH.NS 
 ((Reuters.Briefs@thomsonreuters.com;))