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Metropolis Healthcare gets nod to acquire 100% stake in Core Diagnostics

09 Dec 2024 Evaluate

Metropolis Healthcare has received approval for acquisition of the 100% stake in Core Diagnostics, India, from its existing shareholder, Core Diagnostics (Mauritius) for a total purchase consideration of Rs 246.83 crore to be discharged partly by cash and partly by way of preferential issue and allotment of equity shares of the Company (by way of share swap) subject to approval of the shareholders of the Company. Pursuant to the completion of acquisition, Core Diagnostics will become a wholly owned subsidiary of the Company. The Board of Directors of the Company at its meeting held on December 09, 2024 has inter-alia, approved the same. 

Metropolis Healthcare is engaged in the business of providing pathology and related healthcare services.


Metropolis Health. Share Price

550.30 44.65 (8.83%)
08-May-2026 16:59 View Price Chart
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