CD&R makes Rs 2,983 cr open offer for 26% stake in Sanofi Consumer Healthcare India

  • Posted on October 21, 2024
  • By Business News Today
  • 3 Views
CD&R makes Rs 2,983 cr open offer for 26% stake in Sanofi Consumer Healthcare India

Global investment firm CD&R announces an open offer to acquire a 26% stake in Sanofi Consumer Healthcare India for up to Rs 2,983 crore. This follows exclusive negotiations to acquire a controlling stake in Opella. The offer price is Rs 4,982.05 per share, aiming to secure 60.4% voting rights after the deal completion.
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