Wockhardt to acquire Negma Lerads S.A.S. - France

Wockhardt Ltd has announced that the Company has entered into an agreement with Ifrah Finance S.A. of France to acquire Negma Lerads S.A.S, a French Pharmaceutical Group having a sales turnover of US$ 150 million during the last financial year.

The stock was trading at Rs.436, up by Rs.7.15 or 1.67%. The stock hit an intraday high of Rs.442 and low of Rs.435.05. The total traded quantity was 4356 compared to 2 week average of 28674.

Source : Equity Bulls

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