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Zydus Life arm to acquire 6.5% stake in Mylab for ₹106 crore
short by Srishty Choudhury / on Saturday, 24 June, 2023
Zydus Lifesciences will acquire a 6.5% equity stake in Mylab Discovery Solutions Limited for ₹106 crore. The deal is a share purchase agreement of Zydus Animal Health and Investments, a wholly-owned subsidiary of Zydus Lifesciences with Rising Sun Holdings and Mylab Discovery Solutions. The acquisition is expected to be completed within two months of signing the share purchase agreement.
read more at Moneycontrol