Industry

Cipla completes Cipla Medpro acquisition

Cipla has completed the acquisition of 100 per cent of the issued shares of Cipla Medpro South Africa for a consideration of 4,507 million South African rand (Rs.2,707 crore).

As a result, Cipla Medpro shares which were listed on the Johannesburg Stock Exchange (JSE) have been de-listed from Tuesday, Cipla said in a statement.

Cipla has a long-standing agreement with Cipla Medpro and provides a wide range of products to it across dosage forms.

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Printable version | Feb 20, 2020 7:59:38 AM | https://www.thehindu.com/business/Industry/Cipla-completes-Cipla-Medpro-acquisition/article12008000.ece

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