Cipla Arm Completes Acquisition Of South Africa-Based Firm

New Delhi: Drug firm Cipla said on Wednesday it's subsidiary in South Africa has completed the acquisition of Anmarate (Pty) Ltd, South Africa, a deal estimated at around ZAR 26 million. "The company's wholly-owned subsidiary Cipla Medpro South Africa Pte has completed acquisition of Anmarate (Pty)," Cipla said in a BSE filing. The company, on March 31, announced the acquisition saying it would strenghen its market position. It sa...