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Jubilant Life Sciences' arm enters into stock purchase agreement

23 Nov 2017 Evaluate

Jubilant Life Sciences’ a wholly-owned subsidiary -- Drug Discovery and Development Solutions, Singapore (DDDSL) has entered into Stock Purchase Agreement for acquiring entire Equity Share capital of Jubilant Discovery Services Inc., USA (JDSI) on November 21, 2017.

JDSI is a step-down subsidiary whose share capital is held by Jubilant Biosys, a step-down subsidiary of the Company. After the said acquisition of shares, JDSI shall become a wholly-owned subsidiary of DDDSL.

Jubilant Life Sciences is an integrated global pharmaceutical and life sciences company engaged in Pharmaceuticals, Life Science Ingredients and Drug Discovery Solutions.

Peers
Company Name CMP
Sun Pharma. Inds. 1835.50
Dr. Reddys Labs. 1171.10
Cipla 1371.45
Lupin 2144.70
Zydus Lifesciences 1153.00
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