Suven to acquire 67.5% stake in Hyderabad-based CDMO Sapala Organics for Rs 230 crore

Integrated contract development & manufacturing organisation (CDMO) player Suven Pharmaceuticals Limited on Thursday said it is acquiring 67.5% stake in Hyderabad-based CDMO player Sapala Organics Private Limited for a consideration of around Rs 230 crore, subject to customary working capital and net debt adjustments.