Strides Arcolab International Limited (SAIL UK), a wholly owned subsidiary of Strides Arcolab, has announced its intention to acquire the remaining 81% stake in Strides Global Consumer Healthcare Limited (Consumer UK) from the current investor.
Currently, SAIL UK holds a 19% stake in Consumer UK, with the investment’s carrying value recorded as NIL as of March 31, 2024. The remaining stake will be acquired for a nominal sum of GBP One.
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