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Indicans, Exal acquire 80% stake in aerosol cans subsidiary of Mankind Pharma for $9.5M

By Anuradha Verma

  • 23 Apr 2014
Premium
Indicans, Exal acquire 80% stake in aerosol cans subsidiary of Mankind Pharma for $9.5M

US-based impact extruded aluminum containers maker Exal Corporation and Indicans Holdings BV have together acquired 80 per cent equity stake in Casablanca Industries Private Limited, an aerosol cans subsidiary of New Delhi-based pharmaceutical firm Mankind Pharma Limited, for $9.5 million (Rs 57 crore).The deal involves share purchase from Mankind Pharma ......

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