Sanofi India to sell facilityto Zentiva

Date posted: Thursday 12 September 2019

Pharma major Sanofi India has decided to sell its facility in Ankleshwar, Gujarat to Zentiva India. The board of directors of Sanofi India Ltd. (SIL) has approved a transaction for slump sale and transfer of its manufacturing facility at Ankleshwar, Gujarat to Zentiva and its legal entity in India, Zentiva Private Ltd., for ₹261.7 crore.

(The Hindu)