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Deal● Neutral for Sanofi India
Sanofi Healthcare India buys 15.19% stake in Sanofi India for ₹1,068 crore
The brief
- Sanofi Healthcare India acquired 35 lakh shares for ₹1,068 crore
- Hoechst’s holding in Sanofi India fell to 45.17% from 60.37%
- The stake transfer changes Sanofi India’s ownership structure; investors in Sanofi India are directly exposed
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| SANOFI | Fri, 25 Sept | +0.2% | −0.1% | 0.6× | +0.2% · Nifty +0.3% |