Aurobindo Pharma to acquire 100% stake in MViyeS Pharma Ventures

Image
Capital Market
Last Updated : Oct 19 2020 | 11:16 AM IST
Aurobindo Pharma has entered into a share purchase agreement today to acquire 100% equity share capital of MViyeS Pharma Ventures (MViyes).

MViyeS is holding 32.18% shareholding in Eugia Pharma Specialities Limited, a joint venture company in which the Company is holding 67.82%.

By this acquisition, both Eugia Pharma Specialities and MViyeS Pharma Ventures will become 100% subsidiaries of the Company.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Oct 19 2020 | 10:52 AM IST

Next Story