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Evotec to Acquire Stake in India Joint Venture From Partner DIL

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

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