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Pharmaceutical Business: Detergent maker Nirma forays into APIs with Glenmark deal

India Business News: Ahmedabad-based Nirma is set to acquire Glenmark Life Sciences (GLS), a subsidiary of Glenmark Pharma, for Rs 5,652 crore. This move marks Nirma's ent ....

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Nirma's acquisition of majority stake in Glenmark Life Sciences to make Glenmark Pharma debt-free

Glenmark Pharmaceuticals has entered into a share purchase agreement with Nirma Limited to divest a 75% stake in Glenmark Lifesciences at a price of Rs 615 per share. ....

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glenmark share price: Glenmark Pharma shares fall over 6% on subsidiary stake sale to Nirma

Glenmark Pharmaceuticals has entered into a definitive agreement with Nirma to divest a 75% stake in Glenmark Life Sciences for Rs 5,651.5 crore, at a price of Rs 615 per share, the company said in an exchange filing. ....

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Nirma to acquire 75% of Glenmark's API arm for Rs 5,615 cr

Glenmark Pharmas stake in the leading active pharmaceutical ingredient (API) platform will drop to 7.84% from 82.84%. The transaction values the company at Rs 7,535.4 crore, a slight discount to the current market value of Rs 7,683 crore. The acquisition will trigger a mandatory open offer to all public shareholders of GLS for an additional 17%. ....

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Nirma Agrees to Acquire 75 percent Stake in Glenmark Life Sciences at an Enterprise Value of About INR 7,500 Crore

Pti: Nirma Agrees to Acquire 75 percent Stake in Glenmark Life Sciences at an Enterprise Value of About INR 7,500 Crore ....

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