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Daiichi launches open offer for Zenotech

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Press Trust Of India New Delhi
Last Updated : Jan 21 2013 | 4:14 AM IST

Japanese drug firm Daiichi Sankyo today said that it had commenced a Rs 78.2-crore open offer to buy 20 per cent stake in India’s Zenotech Laboratories at Rs 113.62 per share.

“This offer follows the judgment of the Supreme Court of India with respect to the offer price and is being made in accordance with Indian regulations,” Daiichi Sankyo said in its website.

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