Mankind Pharma has executed a Business Transfer Agreement (BTA) with its wholly owned subsidiary -- Bharat Serums and Vaccines (BSV), for acquisition of BSV’s Branded Generic Business relating to Women Health Rx Portfolio on going concern basis by way of slump sale. The company will acquire the business at a consideration of Rs 797 crore. The 50% of the sale consideration shall be paid on the Closing Date as defined in the BTA, while balance sale consideration shall be payable within 150 days from the Closing Date.
Mankind Pharma is engaged in developing, manufacturing and marketing a diverse range of pharmaceutical formulations across various acute and chronic therapeutic areas, as well as several consumer healthcare products.
| Company Name | CMP |
|---|---|
| Sun Pharma Inds. | 1654.70 |
| Dr. Reddys Lab | 1232.00 |
| Cipla | 1229.60 |
| Zydus Lifesciences | 915.45 |
| Lupin | 2332.70 |
| View more.. | |
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