News | November 29, 2023
Aster to separate its India and GCC businesses to unlock value
Both the India and GCC entities will be operated by separate dedicated management teams
Both the India and GCC entities will be operated by separate dedicated management teams
The divestment is a part of Fortis' ongoing portfolio rationalization strategy
Nerivio is a prescription-based non-invasive device intended for acute and prophylactic (preventive) treatment of migrain
Reports revenue growth of 9% to INR 882 crores in Q2 FY24
EBITDA for Q2 FY24 at Rs. 71.2 crore as compared to Rs. 79.9 crore QoQ
European operations' revenue grew 58.4% to Rs 599.7 crore
US business grew by +12.8% YoY
The company reported net profit after share of profit/loss of JV and minority interest at Rs. 752 crore vs. Rs. 409 crore in Q2FY23
We are redesigning Bayer to focus only on what’s essential for our mission, ‘Health for all, hunger for none’”
Zydus will pay an upfront consideration of GBP 68 million and yearly earn-outs until 2026
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