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Quality Chemical Industries gets new owner as Cipla exits

Africa Capitalworks SSA 3, an investment vehicle based in Mauritius, is the new majority shareholder of the pharmaceutical company

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Cipla inks pact to sell 51 pc stake in Uganda-based unit

The company and its wholly-owned subsidiaries, Cipla (EU) Ltd and Mauritius-based Meditab Holdings Ltd

Africa capitalworksAfrica capitalworks holdingsMeditab holdingsCipla eu ltdMeditab holdings ltdCipla quality chemical industriesMauritius based meditab holdings ltdMeditab holdings limitedCipla newsMeditab cipla

Cipla to sell stake in Uganda arm for $25-30 million

The proposed sale is expected to be completed by 31st May 2023, subject to obtaining regulatory approvals and completion of conditions precedent as mutually agreed between the parties

Africa capitalworks holdingsCipla ltdMeditab holdingsMeditab holdings limitedShare purchase agreementShare purchaseAfrica capitalworks

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