NewsStrategy

Natco Pharma board okays acquiring 1 per cent in Canadian arm

The company, however, did not disclose the value of the deal

Drug major Natco Pharma said its board has approved acquiring about 1 per cent stake in its Canadian subsidiary.

THIS CAN BE YOUR ADVERTISEMENT

The company, however, did not disclose the value of the deal.

“The board of directors of the company at their meeting approved to acquire 0.96 per cent stake in Natco Pharma (Canada), after this acquisition Natco Pharma (Canada), (will) become a wholly-owned subsidiary company of Natco Pharma,” Hyderabad-based Natco Pharma said in a regulatory filing.

The company did not share any more details.

PTI

Support us in our endeavor to bring you Advertisement free content.
Choose your options to donate or subscribe.

Tags

Related Articles

Leave a Reply

Back to top button
Close
Close