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Funds advised by Convergent Finance LLP to acquire a controlling stake in Jagsonpal Pharmaceuticals Limited

Mumbai (Maharashtra) [India], February 21 (ANI/NewsVoir): Funds managed by Infinity Investment Management and advised by Convergent Finance LLP (Convergent Funds), announced the execution of an agreement with the existing promoter shareholders of Jagsonpal Pharmaceuticals Limited (Jagsonpal) to acquire approximately 43.7% of the outstanding shares of Jagsonpal at a price per share of INR 235 for a total consideration of INR 2,692 mm (USD 36.0 mm). ....

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