Urgent.News

What's breaking now, across thousands of outlets.

Health & Medicine

Gland Pharma Stake Sale: Fosun Pharma Sells 4.55% For Rs 2,121 Crore, Holding Falls Below 50%

Mumbai: Chinese pharmaceutical major Fosun Pharma has reduced its stake in Gland Pharma after selling shares worth Rs 2,121.50 crore through block deals on the BSE. Fosun Pharma Industrial Pte Ltd, a promoter of Gland Pharma, sold 75.05 lakh shares across 11 tranches on Friday. The shares represented a 4.55 per cent stake in the Hyderabad-based pharmaceutical company. Stake Falls Below 50 Percent…

Gland Pharma Stake Sale: Fosun Pharma Sells 4.55% For Rs 2,121 Crore, Holding Falls Below 50%

We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.

Read the original at freepressjournal.in →

More in Health & Medicine

More from Sunday 6 September →