Senores Pharmaceuticals to acquire Apnar Pharma for enterprise value of ₹91 crore

The acquisition has been valued at an enterprise value of about ₹91 crore. Of this, around ₹76 crore comprises total debt and expected liabilities related to the manufacturing plant that will be taken over by Senores Pharmaceuticals, while the remaining about ₹15 crore will be paid in cash. Shares of Senores Pharmaceuticals Ltd ended at ₹817.00, up by ₹30.90, or 3.93%, on the BSE.

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