Silver Leaf Oak Acquires 10% Stake In Syngene International, Biocon’s Research Services Subsidiary Silver Leaf Oak (Mauritius) Limited (Silver Leaf), an investment vehicle advised by India Value Fund Advisors (IVFA) has agreed to acquire a minority 10% stake in Syngene International Limited (Syngene), Biocon’s Research Services subsidiary. Silver Leaf will acquire the stake from Biocon Research Limited (BRL), a wholly owned subsidiary of Biocon Limited at a valuation of Rs.3800 Crore. The transaction is subject to standard condition precedents including regulatory approvals. Read More: medicosindia/silver-leaf-oak-acquires-10-stake-in-syngene-international-biocons-research-services-subsidiary/
Posted on: Mon, 22 Sep 2014 10:43:08 +0000
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