The proposed combination relates to the acquisition of 100 per cent equity shares of Medlife by API Holdings, the parent of PharmEasy, in return for 19.59 per cent equity share capital
This merged entity will bring together over 800 employees
The UK-based firm informally contacted Gilead last month to gauge its interest in a possible tie-up
Reports of a possible deal surfaced Tuesday, and sources confirmed that talks were held between high-level officials of the firms.
Most acquisitions fail because of a cultural clash. But Conzerv Systems and Schneider Electric managed this thorny issue successfully.
Bandhan Bank announced the opening of 106 additional home loan distribution points
Merger of any two public entities comes with its own set of problems, take the case of Air India and Indian Airlines