Fosun to sell 5% stake in Gland Pharma via block at ₹2,763
A ₹2,279.50 crore block deal for Gland Pharma has been launched in Hyderabad, with Fosun Pharma selling a 5% stake at ₹2,763 per share, sources said.
A ₹2,279.50 crore block deal has been launched in Hyderabad-based pharmaceutical company Gland Pharma Ltd on Thursday (September 3), with Fosun Pharma as the seller, sources said.The block size is equivalent to 5% of Gland Pharma's total equity, said people familiar with the matter.The deal has a f…