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Tuesday, June 22, 2010 - 05:30 IST
Piramal Healthcare To Buy Assets Of Canadian Firm BioSyntech
BY Reghu Balakrishnan
Piramal had subscribed to common shares of BioSyntech in FY2006 which then constituted 17% of equity.
This is the second deal coming from the Piramal Healthcare quarters in weeks. Piramal Healthcare Ltd (PHL) has signed a definitive agreement to acquire Canada-based BioSyntech’s assets for a consideration of C$3.9 million (US$ 3.82 million or Rs...
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