June 26, 2018

Stocks In News - Acquisitions

Stocks In News - Acquisitions

  1. Poly Medicure has done acquisition of Italian company by its subsidiary.
  2. The medical devices maker informed exchanges that subsidiary Poly Medicure BV, Netherlands has entered into a share purchase agreement with Plan 1 Health SRL, Italy to acquire 82% capital of the same.
  3. Plan 1 Health SRL will become a subsidiary of Poly Medicure BV and in turn an indirect subsidiary of Poly Medicure as and when the share acquisition / transfer process is completed.
  4. It further said the subsidiary is acquiring only infusion and vascular access business of the Italian firm.

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