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Dublin, March 31, 2023 (GLOBE NEWSWIRE) The "Global Companion Animal Pharmaceuticals Market by Animal Type (Dogs, Cats, Horses), Route of. ....

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Cadila Healthcare Ltd completes sale of animal healthcare established markets business

Cadila Healthcare Ltd completes sale of animal healthcare established markets business
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Nifty, Sensex trending higher – Thursday closing report
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Multiples Alternate Asset Mgt-led group to buy Cadila's animal health biz

Cadila Healthcare Ltd (Zydus Cadila) s wholly-owned material subsidiary Zydus Animal Health and Investments Limited (ZAHL) is set to sell its animal healthcare business to a consortium led by Multiples Alternate Asset Management for nearly Rs 3,000 crore.
Zydus Cadila on Wednesday announced that ZAHL has entered into a business transfer agreement (BTA) and other ancillary agreements to sell and transfer Zydus AH, its animal healthcare established markets undertaking to the Multiples-led consortium.
The deal is to sell one of the two business undertakings of ZAHL on a slump sale basis as a going concern, for a lump sum consideration of Rs 2,921 crore on a cash-free and debt-free basis, subject to certain closing date adjustments and other conditions. The transaction involves transfer of immovable assets, movable assets, inventory, brands and intangible assets, contracts, licenses and permissions, business records, employees along with employee benefit funds, insurance pol ....

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ZAHL to sell its India focused Animal Health Business to Multiples Alternate Asset Management led consortium

Uniindia: Mumbai, May 12 (UNI) Zydus Animal Health and Investments Limited (ZAHL), a wholly owned material subsidiary of Cadila Healthcare Limited, has entered into a Business Transfer Agreement (BTA) and other Ancillary Agreements (Definitive Agreements) to sell and transfer its Animal Healthcare Established Markets Undertaking to Multiples Alternate Asset Management led consortium. ....

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