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Acquisition Expected to be Accretive and Drive Immediate Gross Margin and Operating Expense Synergies $3.65 Million Purchase Price Composed of $2.15 Million of Cash in Two Tranches and $1.50 Million of Common Stock Payable in June 2025 EAST RUTHERFORD, ...
Sun Pharmaceutical Industries Ltd will acquire 27.4% stake in Remidio Innovative Solutions Pvt Ltd for ₹1.5 bln by the end of February, the company said via an exchange filing. It will also acquire 26.1% stake in Agatsa Software Pvt Ltd in two tranches for a total of ₹300 mln. Remidio Innovative provides innovative products to enable the early detection of eye diseases.