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Mergers & Acquisitions | 22 March 2012

B Braun To Acquire 26% In Ahlcon Parenterals

by Charmi Gutka
B Braun To Acquire 26% In Ahlcon Parenterals
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B Braun Singapore is acquiring 26% in New Delhi based Ahlcon Parenterals (India) Ltd through an open offer.

B Braun will acquire 1,872,039 equity shares from the shareholders of Ahlcon Parenterals at a price of R460 per share.

Deutsche Equities India Pvt Ltd has been appointed as Manager to the Open Offer.

According to the filing on BSE, the acquisition is proposed to be in range of 49% to 70.49%.

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