Thursday, March 22, 2012

B Braun to acquire 26% in Ahlcon Parenterals - will Trigger open offer

B Braun will acquire 1,872,039 equity shares from the shareholders of Ahlcon Parenterals at a price of R460 per share.  According to the filing on BSE, the acquisition is proposed to be in range of 49% to 70.49%. The announcement has come very close to the speculation discussed earlier AHLCON TAKE OVER RUMORS