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Zydus Cadila standalone Q1 net stays flat at ₹400 crore - The Hindu BusinessLine

Zydus Cadila standalone Q1 net stays flat at ₹400 crore - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Zydus to sell animal healthcare business to Zenex for ₹2,921 crore

Zydus to sell animal healthcare business to Zenex for ₹2,921 crore May 12, 2021 × Inks agreement to sell businesses in India and some other countries by way of a slump sale   Cadila Healthcare Limited (Zydus Cadila) on Wednesday said its wholly-owned Zydus Animal Health and Investment Limited (ZAHL) has entered into a Business Transfer Agreement with Zenex Animal Health India Private Limited to sell itsanimal healthcare business. Zydus will sell the Animal Healthcare Established Markets Undertaking - the animal healthcare business in India and certain other countries - by way of a slump sale- for an estimated consideration amount of ₹2,921 crore, subject to certain closing date adjustments in terms of the Definitive Agreements, the company said in a regulatory filing.

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