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Zydus Lifesciences shares jump 6% on buyback buzz; co announces $166 mn Assertio acquisition
Zydus Lifesciences shares witnessed a spike on Thursday after the company said its board will meet on May 19 to consider a share buyback. The stock also gained momentum as Zydus announced a $166 million acquisition of US-based Assertio. Investor sentiment improved on expectations of capital return and strategic business expansion.
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economictimes.indiatimes.com
Timeline cronologica
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Zydus Lifesciences acquires US pharma firm Assertio for $166 million
In a bold move that positions Zydus at the forefront of the U.S. specialty oncology market, the Indian drug manufacturer has secured a $166.40 million deal to acquire Assertio…
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Zydus Lifesciences shares jump 6% on buyback buzz; co announces $166 mn Assertio acquisition
Zydus Lifesciences shares witnessed a spike on Thursday after the company said its board will meet on May 19 to consider a share buyback. The stock also gained momentum as Zydus…