Daily Current Affairs / Natco Pharma to Acquire 36% Stake in South Africa’s Adcock Ingram for ₹2,000 Crore in Strategic Expansion Plan:
Category : Business and economics Published on: July 25 2025
Natco Pharma has announced its decision to invest approximately ₹2,000 crore ($226 million) to acquire nearly 36% equity in South Africa’s leading pharmaceutical firm Adcock Ingram Holdings Ltd. The acquisition will be made through an all-cash deal targeting minority shareholders and is aimed at boosting Natco’s footprint in the African market. The company’s stock closed 2.01% higher at ₹1,034.75 on the BSE following the announcement.
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