Acquisitions29 Jul 2025, 09:12 pm
Zydus Lifesciences Completes Acquisition of 85.6% Stake in Amplitude Surgical, Announces Tender Offer
AI Summary
Zydus Lifesciences Ltd. has completed the acquisition of an 85.6% stake in Amplitude Surgical for €256mn. The acquisition was made through agreements with PAI and two minority shareholders. Zydus will file a simplified mandatory tender offer for the remaining outstanding shares of Amplitude Surgical at a price of €6.25 per share. The Board of Directors of Amplitude Surgical has welcomed the offer.
Key Highlights
- Zydus has completed the acquisition of an 85.6% stake in Amplitude Surgical for €256mn.
- Zydus will file a simplified mandatory tender offer for the remaining outstanding shares of Amplitude Surgical at a price of €6.25 per share.
- The Board of Directors of Amplitude Surgical has welcomed the offer.