
Acquisitions29 Sept 2025, 01:39 pm
Entero Healthcare to Acquire 60% Stake in Ace Cardiopathy Solutions for Up to INR 77.10 Crore
AI Summary
Entero Healthcare Solutions Ltd. has announced its decision to acquire a 60% stake in Ace Cardiopathy Solutions Private Limited, a company engaged in the wholesale distribution of medical devices and other healthcare and allied products. The acquisition will cost between INR 59.30 Crore and INR 77.10 Crore, subject to adjustments for net debt, normalized working capital, and achievement of certain conditions. The acquisition is expected to be completed by January 31, 2026.
Key Highlights
- Entero Healthcare to acquire 60% stake in Ace Cardiopathy Solutions
- Transaction value ranges between INR 59.30 Crore and INR 77.10 Crore
- Ace Cardiopathy operates in the same industry as Entero Healthcare
- Acquisition to be completed by January 31, 2026
- Transaction not considered a related party transaction