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IPCA Labs: Motilal Oswal Securities said the acquisition is expensive, given increased competition in the US generics oral solids space, rising regulatory risks, strong efforts needed to turnaround Unichem,
Ipca Labs share price: Premchand Godha, Promoter and Executive Chairman, lpca Labs said, "This acquisition is in line with our stated strategy to enhance our portfolio in our chosen growth markets. We both are well positioned to successfully integrate our product offerings and grow our businesses."
Ipca is also making an open offer to the public equity·shareholders of Unichem to acquire from them up to 26% of the fully diluted outstanding equity share capital at a price of Rs 440 per share
After receiving approval from the Competition Commission of India in accordance with the Competition Act, 2002, the shares would be purchased for Rs 440 per share, , ipca laboratories, unichem laboratories
Mumbai-based pharmaceutical firm Ipca Laboratories on Monday said it will acquire a 33.38% stake in specialty pharmaceutical company Unichem Laboratories for Rs 1,034 crore. In addition, ......