Acquisition Of Thyrocare To Ease Pharmeasy’s Digital Offerings: Prabhudas Lilladher

A scientist prepares test tubes ahead of testing inside the laboratory. (Photographer: Krisztian Bocsi/Bloomberg)

Acquisition Of Thyrocare To Ease Pharmeasy’s Digital Offerings: Prabhudas Lilladher

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Prabhudas Lilladher Report

Online pharmacy startup Pharmeasy announced acquisition of Thyrocare Technologies Ltd., with a view to add diagnostic services in its digital offerings through biochemistry/pathology business.

Pharmeasy’s parent company API Holdings signed a definitive agreement to acquire a 66.1% stake in Thyrocare for Rs 45.5 billion.

The Docon Technologies (partner in the acquisition), a 100% subsidiary of API, will make an open offer of Rs 1,300 per share for an additional 26% stake as per Securities and Exchange Board of India guidelines.

Click on the attachment to read the full report:

Prabhudas Lilladher Thyrocare Pharmeasy Event Update.pdf


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