Cipla Medpro South Africa (Pty) Limited has completed acquired 30% stake in Brandmed (Pty) Limited

Cipla Medpro South Africa (Pty) Limited has completed acquired 30% stake in Brandmed (Pty) Limited

 

 We hereby notify that the Company’s wholly owned subsidiary

Cipla Medpro South Africa (Pty) Limited has completed closing of transaction

and acquired 30% stake in Brandmed (Pty) Limited. Out of the total upfront cash consideration

payment of ZAR 65 mn, ZAR 50 mn has been paid and balance will be paid over a period of

next 12 months.

 

Eveready Industries India Limited Resignation of Mr B M Khaitan as Chairman of the company

Related posts

Leave a Comment