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New Deal


Announced

PharmEasy to acquire a 66.14% stake in Thyrocare for $614m.

Financials

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Transaction Value£440m
Consideration TypeCash
Capital Owned-
Capital Bid For66%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Medical Supplies

Acquisition

Friendly

Single Bidder

diagnostic services

Private

digital diagnostics

Pending

Majority

India

Domestic

Synopsis

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PharmEasy, an online medicine delivery startup, agreed to acquire a 66.14% stake in Thyrocare Technologies, a chain of diagnostic and preventive care laboratories, for $614m. The acquisition has triggered an open offer under which PharmEasy will acquire up to 26% shareholding in the company from public shareholders.

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