Eris Lifesciences acquires Oaknet Healthcare for 650cr
Eris Lifesciences Ltd, a branded formulations manufacturer, acquired a 100 percent stake in Mumbai-based Oaknet Healthcare Private Ltd for Rs 650 crore on Tuesday. Oaknet Healthcare specialises in dermatology formulations. Oaknet Healthcare will become a wholly-owned subsidiary of Eris as a result of the acquisition, which will be executed through a share purchase agreement. Eris’ …
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