Acquisitions3 Jan 2024, 01:16 am
Sun Pharma Acquires 100% Stake in Israeli Company Libra Merger Ltd
AI Summary
Sun Pharmaceutical Industries Limited has acquired 100% shares of Libra Merger Ltd, an Israeli company, for a cash consideration of NIS 10. The acquisition aims to facilitate consolidation of business in Israel and is in line with the company's strategy to expand its global presence. The deal is expected to be completed soon.,
Key Highlights
- Sun Pharma acquires 100% stake in Libra Merger Ltd
- Cash consideration of NIS 10
- Expansion of global presence
- Consolidation of business in Israel