Goa Antibiotics and Pharmaceuticals Ltd.(GAPL) is now being taken over by the pharma business of the state capital-based HLL Lifecare Limited (HLL), a mini-ratna public sector enterprise of the ministry of health and family welfare, the company acquiring 74 percent equity. Under the agreement, HLL proposes to expand this facility for diversifying its pharma portfolio. HLL would be retaining all the existing 205 employees of GAPL. "The acquisition of ...
via Medindia Health News
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