Try GOLD - Free
Zydus to drive global medtech strategy
Financial Express Lucknow
|March 18, 2025
Backed by large market opportunity and pro-govt policies
-
ZYDUS LIFESCIENCES ANNOUNCED last week its intent to acquire Amplitude Surgical. The company plans to acquire a controlling 85.6% stake in Amplitude Surgical at a price of €6.25 per share, representing an 81% premium over the closing price of €3.46 on March 10, 2025.
The total purchase consideration for the 85.6% stake amounts to €256.8 million. Zydus has entered into exclusive negotiations with PAI Partners (a private equity firm) and the management of Amplitude Surgical, who together hold a 75.4% stake, along with two other minority shareholders, to acquire the 85.6% equity stake. Following the acquisition, Zydus intends to launch a mandatory simplified cash tender offer for the remaining shares at the same price of €6.25 per share, valuing the entire company at €300 million.
This story is from the March 18, 2025 edition of Financial Express Lucknow.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Lucknow
Financial Express Lucknow
HDFC Life profit flat despite premium growth
HDFC LIFE INSURANCE on Thursday reported a muted growth in its net profit for the third quarter at ₹421 crore, compared with ₹415 crore in the year-ago period.
1 min
January 16, 2026
Financial Express Lucknow
Copper, silver pull back from record high levels
PRICES OF COPPER and silver retreated from record high levels on Thursday.
2 mins
January 16, 2026
Financial Express Lucknow
The power & perils of personal branding
The strategic upside is worth it
1 mins
January 16, 2026
Financial Express Lucknow
NMIAL refutes telcos’ claims on network access
POOR SIGNAL
1 min
January 16, 2026
Financial Express Lucknow
Gaming industry flags offshore betting threat
GOVT SET TO NOTIFY FINAL ONLINE GAMING NORMS SOON
2 mins
January 16, 2026
Financial Express Lucknow
LLM, deeptech incentives top on startups’ wish list
POLICY SUPPORT NECESSARY FOR INDIGENOUS AI, SAY FOUNDERS
2 mins
January 16, 2026
Financial Express Lucknow
Trump dials down Iran tensions
• US redeploys personnel in Qatar amid Iranian threats
1 min
January 16, 2026
Financial Express Lucknow
‘In-principle’ nod to NSE’s plea in unfair access case
THE SECURITIES AND Exchange Board of India (Sebi) has given an in-principle approval for the resolution of the National Stock Exchange’s (NSE) unfair market access case, Sebi Chairman Tuhin Kanta Pandey said on Thursday.
1 min
January 16, 2026
Financial Express Lucknow
I-PAC raids: Apex court issues notice to Bengal CM
IN A JOLT to Mamata Banerjee, the Supreme Court on Thursday said the West Bengal chief minister’s alleged “obstruction” in Enforcement Directorate’s probe is “very serious” and agreed to examine if a state’s law-enforcing agencies can interfere with any central agency’s investigation into any serious offence as it stayed FIRs against the agency’s officials who raided political consultancy I-PAC on January 8.
1 min
January 16, 2026
Financial Express Lucknow
Tiger Global’s Flipkart stake
TAX EXPERTS SAID while the ruling maybe technically sound and rightly affirmed India’s legitimate tax sovereignty, it could send wrong signals to foreign investors at a time India is facing large scale net outflow of foreign portfolio investments.
2 mins
January 16, 2026
Listen
Translate
Change font size