Zydus buys Brazilian firm Nikkho for $26mnBS Reporter / Mumbai June 25, 2007Zydus Cadila has signed an agreement to acquire 100% stake in Quimica e Farmaceutica Nikkho do Brasil Ltda (Nikkho), a mid-sized, privately held company in Brazil for around $26 million. According to a release issued by Zydus to the BSE today, Nikkho had posted sales of $26 million in calendar year 2006, and the consideration paid represents a sales multiple of around 1."The acquisition is being made through Zydus Healthcare Brasil, the step
