Brief: IPCA Laboratories To Enter Into Agreement For Acquisition Of 33.38% Stake In Unichem Laboratories

Unichem Laboratories

24/04/2023 11:50

April 24 (Reuters) - IPCA Laboratories Ltd  IPCA.NS :
    * APPROVED ENTERING INTO DEFINITIVE SHARE PURCHASE AGREEMENT
FOR
ACQUISITION OF 33.38% STAKE IN UNICHEM LABORATORIES
    * DEAL FOR 10.34 BILLION RUPEES
    * ALSO APPROVED MAKING OPEN OFFER TO PUBLIC SHAREHOLDERS OF
UNCIHEM LABS TO ACQUIRE UP TO 26% STAKE FOR 8.05 BILLION RUPEES

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Further company coverage:  IPCA.NS 

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