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Hamsons buys 21% stake in Okasa Pharmceuticals
While Cipla paid Rs 29 crore for Okasa’s facility in Goa, it bought another plant, owned by Okasa Pharma, located in Satara for Rs 71.93 crore.
Hamied family company buys out minority shareholders in Okasa
The acquisition is part of a two-way transaction under which the Yusuf Khwaja Hamied-run Cipla's wholly-owned arm Medispray Laboratories concluded a deal to buy two manufacturing facilities of Okasa last September.
Cipla rallies over 1% on acquisition plans for Rs 100 crore
At 09:35 a.m.; Cipla was trading 0.6 per cent higher at Rs 560.75. It hit a low of Rs 559 and a high of Rs 565.40 in trade today.
Cipla to acquire two units in Goa and Maharashtra for Rs100 crore
Entities controlled by relatives of the promoters hold majority interest in the companies, which own the aforesaid undertakings, it added.
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