Home » Pharma News » Drug major LupinBSE -0.77 % has inked a pact to acquire an additional 40 per cent stake in South Africa’s Pharma Dynamics
Drug major LupinBSE -0.77 % has inked a pact to acquire an additional 40 per cent stake in South Africa’s Pharma Dynamics

Drug major LupinBSE -0.77 % has inked a pact to acquire an additional 40 per cent stake in South Africa’s Pharma Dynamics

Drug major LupinBSE -0.77 % has inked a pact to acquire an additional 40 per cent stake in South Africa’s Pharma Dynamics

NEW DELHI: Drug major LupinBSE -0.77 % has inked a pact to acquire an additional 40 per cent stake in South Africa’s Pharma Dynamics, taking its holding in the company to 100 per cent.

Lupin had earlier acquired 60 per cent stake in the South African (SA) firm in September, 2008.

As per the agreement, the founders of Pharma Dynamics will exercise their put option before March 31, 2015, for the 40 per cent equity stake they currently hold in the company, Lupin Ltd said in a st ..

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