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Zydus to drive global medtech strategy

Financial Express Chennai

|

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.

MEER VERHALEN VAN Financial Express Chennai

Financial Express Chennai

Musk: AI robots will eventually outnumber us

ELON MUSK, A longtime critic of the World Economic Forum's (WEF) annual event in Davos, Switzerland, appeared at the gathering for the first time on Thursday, and predicted that robots will eventually outnumber humans.

time to read

1 min

January 23, 2026

Financial Express Chennai

Duroflex to step up omnichannel push

EYEING GROWTH Duroflex plans to raise ₹184 crore in fresh issue by the end of 2026 It plans launch of 120 stores from the IPO proceeds The IPO will comprise an offer for sale of over 22.5 mn shares

time to read

1 mins

January 23, 2026

Financial Express Chennai

At 4.4%, US economy grows fastest in 2 yrs

STRONGEST BACK-TO-BACK QUARTERS SINCE 2021

time to read

1 min

January 23, 2026

Financial Express Chennai

Scrappage policy needs strong incentives: Ashok Leyland CEO

DEMAND UNLOCK

time to read

2 mins

January 23, 2026

Financial Express Chennai

Extramarks bets on test prep & AI-led learning for next phase of growth

EDTECH FIRM EXTRAMARKS is looking to scale up its test preparation business sharply over the next two years, with a target of onboarding more than 100,000 students by FY27, as it deepens its presence within its existing school network and expands the use of its AI-led learning platform.

time to read

1 mins

January 23, 2026

Financial Express Chennai

Global OEMs coming to India for testing

IN A NOTABLE shift, foreign automotive OEMs are now coming to India to test their vehicles. For many years, Indian automotive OEMs had to send their vehicles abroad for testing, but that trend is changing.

time to read

1 min

January 23, 2026

Financial Express Chennai

Rupee breaks six-day losing streak, rises 7p to 91.63

THE RUPEE BROKE its six-day declining streak by staging a mild recovery on Thursday, sup- ported by an improvement in risk appetite after US President Donald Trump stepped back from tariff threats against Europe linked to Greenland. The currency gained 7 paise to close at 91.63.

time to read

1 min

January 23, 2026

Financial Express Chennai

Trump Vs Fed: Top court sounds alarm

US SUPREME COURT justices during arguments over President Donald Trump’s bid to fire Federal Reserve Governor Lisa Cook seemed to embrace the idea that the central bank’s independence to set monetary policy must be preserved and that eroding it would present real-world economic risks.

time to read

1 mins

January 23, 2026

Financial Express Chennai

Bets of RBI buying, lower state debt sale lift bonds

BENCHMARK GOVERNMENT BONDS gained for a third straight session on Thursday as traders grew more confident of the buying support from the Reserve Bank of India (RBI) and ahead of another reduction in state debt auctions next week.

time to read

1 min

January 23, 2026

Financial Express Chennai

From $4 trn to a jobs economy

NEXT PHASE OF INDIA'S DEVELOPMENT MUST BE CITIZEN-FIRST, WITH EMPLOYMENT AT ITS CORE

time to read

4 mins

January 23, 2026

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