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Cipla signs definitive agreement to acquire stake in subsidiary

07 Aug 2019 Evaluate

Cipla has signed definitive agreement to acquire the minority stake of Eight Roads Investment Mauritius II in its subsidiary -- Cipla Health. The transaction is expected to be completed within a month.

Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday needs of all patients. The company’s portfolio includes over 1500 products across wide range of therapeutic categories with one quality standard globally.

Peers
Company Name CMP
Sun Pharma. Inds. 1844.95
Dr. Reddys Labs. 1231.45
Cipla 1389.10
Lupin 2087.80
Zydus Lifesciences 1210.95
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