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Zydus Lifesciences Ltd to buy one of the undertakings of Watson Pharma through BTA
Zydus Lifesciences Ltd. has entered into a Business Transfer Agreement (“BTA”) for the purchase of one of Watson Pharma Private Limited’s Business Undertakings (“Watson”) on a going-concern basis through a slump sale, without assigning values to specific assets and liabilities, on a cash-free and debt-free basis, at a lump-sum consideration of Rs. 46.77 crores. The