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Sequent Scientific to acquire Animal Healthcare Business of Lyka Exports

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Last Updated : Aug 29 2015 | 12:01 AM IST

Transaction expected to close in next 6 weeks

Sequent Scientific and Lyka Labs announced that Alivira Animal Health, a subsidiary of Sequent, and Lyka Exports, a subsidiary of Lyka Labs, have entered into a definitive agreement under which Alivira will acquire the Animal Healthcare Business of Lyka on a 'going concern' basis.

The transaction is expected to close in next 6 weeks subject to customary closing conditions including shareholder's approval of Lyka.

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First Published: Aug 28 2015 | 10:01 AM IST

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