Corporate | Aspen to buy Strides’ Latin American unit

Corporate | Aspen to buy Strides’ Latin American unit
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First Published: Tue, May 12 2009. 11 17 PM IST
Updated: Tue, May 12 2009. 11 17 PM IST
Johannesburg: Aspen Pharmacare Holdings Ltd will exercise an option to buy the stake it doesn’t already own in the Latin American unit of Strides Arcolab Ltd. We will exercise that option by the end of June, Aspen chief executive officer Stephen Saad said in an interview in Johannesburg on Tuesday.
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Suzlon shareholders may sell 2% stake in company
Mumbai: A shareholder in Suzlon Energy Ltd is selling 30 million shares in the company, equivalent to a 2% stake, according to a person familiar with transaction. Shares in the Ahmedabad-based company are being offered to investors for between Rs75.5 and Rs79 a piece, the person said, requesting anonymity. Suzlon closed at Rs80.85 on Tuesday on BSE.
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First Published: Tue, May 12 2009. 11 17 PM IST
More Topics: Aspen | Strides | Pharma | Suzlon | Shareholders |