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Beximco Pharma acquires majority stakes in Sanofi Bangladesh for Tk 400 crore

Beximco Pharma acquires majority stakes in Sanofi Bangladesh for Tk 400 crore
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Mohammad Asad Ullah , Beximco Pharma , Fisons Ltd , Baker Ltd Of The United Kingdom , Dhaka Stock Exchange , Beximco Pharmaceuticals , Bangladesh Chemical Industries Corporation , Sanofi Bangladesh , Baker Ltd , Asad Ullah , Daily Star , முகமது அசாத் உல்லா , டாக்கா ஸ்டாக் பரிமாற்றம் , பங்களாதேஷ் இரசாயன தொழில்கள் நிறுவனம் , சனோஃபி பங்களாதேஷ் , ரொட்டி சுடுபவர் லிமிடெட் , அசாத் உல்லா , தினசரி நட்சத்திரம் ,

Sanofi workers threaten hunger strike

Sanofi workers threaten hunger strike
Star Business Report
Star Business Report
The employees of Sanofi Bangladesh yesterday threatened to go on a hunger strike from Saturday until the company s management fulfills their demands.
The Sanofi Bangladesh Limited Workers-Employees Association (SBLWEA) again alleged that the Sanofi Bangladesh was exiting the country without paying any compensation to its employees.
The SBLWEA made this announcement at a press conference held at the Economic Reporters Forum in Dhaka yesterday.
The briefing came after Beximco Pharmaceuticals recently announced that it was set to acquire a 54.6 per cent stake in Sanofi Bangladesh for about Tk 400 crore as it looks to expand its product base and diversify into new areas. ....

Sanjib Kumar Chakraborty , Nuruzzaman Raju , Beximco Pharmaceuticals , Sanofi Bangladesh Limited Workers , Economic Reporters Forum , Sanofi Bangladesh , சஞ்சிப் குமார் சக்ரவர்த்தி , சனோஃபி பங்களாதேஷ் வரையறுக்கப்பட்டவை தொழிலாளர்கள் , பொருளாதார நிருபர்கள் மன்றம் , சனோஃபி பங்களாதேஷ் ,

Employees urge Sanofi to pay benefits before handing stake

Employees urge Sanofi to pay benefits before handing stake
Star Business Report
Star Business Report
The workers and employees of Sanofi Bangladesh Ltd have demanded the French multinational company provide all benefits to the staff before handing the entire stake of its local unit to Beximco Pharmaceuticals.
The Sanofi Bangladesh Limited Workers-Employees Association (SBLWEA) alleged SBL was exiting the country without giving any compensation to its employees.
In a statement, Sanofi Bangladesh, however, Since the beginning of this process, Sanofi has consistently reaffirmed that our employees interests will be integral in the final selection of the buyer of the stake in the company. ....

Sanjib Kumar Chakraborty , Nuruzzaman Raju , Bangladesh Chemical Industries Corporations , Beximco Pharmaceuticals , International Labour Organisation , Sanofi Bangladesh Limited Workers , Sanofi Bangladesh Ltd , Sanofi Bangladesh , Dhaka Reporters Unity , Socialist Labour Front , சஞ்சிப் குமார் சக்ரவர்த்தி , பங்களாதேஷ் இரசாயன தொழில்கள் நிறுவனங்கள் , சர்வதேச தொழிலாளர் ஆர்கநைஸேஶந் , சனோஃபி பங்களாதேஷ் வரையறுக்கப்பட்டவை தொழிலாளர்கள் , சனோஃபி பங்களாதேஷ் லிமிடெட் , சனோஃபி பங்களாதேஷ் , டாக்கா நிருபர்கள் ஒற்றுமை , சோசலிஸ்ட் தொழிலாளர் முன் ,

Investegate |Beximco Pharmaceut Announcements | Beximco Pharmaceut: Proposed acquisition of stake in Sanofi Bangladesh

Beximco Pharmaceuticals Limited ( Beximco Pharma or the Company , or the Group ; AIM Symbol: BXP, LEI No.: 213800IMBBD6TIOQGB56), the fast-growing manufacturer of generic pharmaceutical products and active pharmaceutical ingredients, announces it has entered into a binding commitment with Sanofi group regarding the acquisition of a majority stake in Sanofi Bangladesh Limited ( Sanofi Bangladesh ) for a base-price consideration of circa £35.5 million, to be adjusted as set out below (the
Proposed
Transaction ). The
Proposed
Transaction is subject to approval by the Foreign Exchange Investment Department of Bangladesh Bank and completing the Share Purchase Agreement.

·
Expands the Company s product offering and reinforces its strategy to diversify into new and expanding specialty therapy areas ....

United States , United Kingdom , Mohammad Ali Nawaz , Mark Brady Andrew , Vadim Alexandre Abigail Wayne , Foster Mitchell , Sanofi Sa , Beximco Pharma , Sm Rabbur Reza , Sanofi Bangladesh Limited , Beximco Pharmaceuticals , Beximco Pharmaceuticals Limited Pharma , Foreign Exchange Investment Department Of Bangladesh Bank , Advisory Partners Limited Nominated Adviser , Ministry Of Industries , Sp Angel Corporate Finance , Bangladesh Chemical Industries Corporation , Nuvista Pharma , Sanofi Bangladesh , Market Abuse Regulation , English Law , Pharmaceuticals Limited , Proposed Transaction , Foreign Exchange Investment Department , Bangladesh Bank , Share Purchase ,

Beximco Pharma to buy 54.6pc stake of Sanofi Bangladesh for Tk 413cr

New Age, a Dhaka-based leading English language daily newspaper, is a major source of news of Bangladesh and international affairs
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