Evotec to Acquire Stake in India Joint Venture From Partner DIL
By Allison Connolly -
2011-09-28T14:06:06Z
Evotec AG (EVT) agreed to buy the 30 percent stake it doesn’t own in its joint venture in India with DIL Ltd. (DILL), the Indian company said today in a regulatory filing.
The purchase price is 112.9 million rupees ($2.3 million), according to the filing.
To contact the reporter on this story: Allison Connolly in Frankfurt at aconnolly4@bloomberg.net
To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.