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Thyrocare Technologies - API Holdings to acquire majority stake - ICICI Securities

Thyrocare Technologies - API Holdings to acquire majority stake - ICICI Securities
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Healthcare Unicorn Pharmeasy Acquires Majority Stake In Thyrocare Technologies: Report


Healthcare Unicorn Pharmeasy Acquires Majority Stake In Thyrocare Technologies: Report
PharmEasy (Source: Entrackr)
API Holdings Ltd (API), the parent company of digital healthcare brand Pharmeasy, is set to acquire automated accredited diagnostic laboratory Thyrocare Technologies, making the first such deal of a listed entity by an Indian unicorn.
API Holdings has signed definitive documents to acquire 66.1 per cent stake in Thyrocare Technologies Ltd (Thyrocare) from Dr A. Velumani and affiliates at a price of Rs 1,300 per share aggregating to Rs 4,546 crore.
The transaction is subject to regulatory and other applicable customary approvals.
Docon Technologies Pvt Ltd, a 100 per cent subsidiary of API, will be the acquirer and shall make an open offer for an additional 26 per cent stake. ....

Siddharth Shah , Api Holdings Ltd , Docon Technologies Pvt Ltd , Thyrocare Technologies Ltd , Thyrocare Technologies , Technologies Pvt Ltd , சித்தார்த் ஷா , தைரோகேர் தொழில்நுட்பங்கள் லிமிடெட் , தைரோகேர் தொழில்நுட்பங்கள் , தொழில்நுட்பங்கள் பிரைவேட் லிமிடெட் ,