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Adani Enterprises acquires minority stake in Israel based - Forsight

Capital Market 

Adani Enterprises announced that its wholly owned subsidiary, Adani Global, Mauritius has completed the acquisition of minority stake by way of newly issued shares of Forsight Robotics, a company incorporated under the laws of the State of Israel (Forsight) pursuant to the definitive agreements entered with Forsight and other investors in Forsight.

The transaction was done for a cash consideration of USD 20 million. The target company is focused on medical technology.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Wed, April 06 2022. 09:16 IST