Pfizer closes Rs 110 crore manage Piramal Enterprises

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Pfizer offers on Monday finished at Rs 1,930.40 each on the BSE, down 1.66% from past close 

Drug producer Pfizer on Monday said it has finished the way toward exchanging four items to Mumbai-based Piramal Enterprises subsequent to getting important administrative endorsements. 

"Post fulfillment of imperative customs and receipt of important administrative endorsements for the exchange, the organization has finished up the exchange. In like manner, the previously mentioned items stand exchanged to Piramal Enterprises," Pfizer said in an administrative recording. 

In May this year, Ajay Piramal-drove Piramal Enterprises had gone into a consent to gain four brands from Pfizer for a thought of Rs 110 crore. 

The obtaining incorporates brands Ferradol, Neko, Sloan's and Waterbury's compound. The assention likewise incorporates the trademark rights for Ferradol and Waterbury's Compound in Bangladesh and Sri Lanka. 

Pfizer offers on Monday finished at Rs 1,930.40 each on the BSE, down 1.66 for every penny from past close.

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