SUN PHARMACEUTICAL INDUSTRIES LTD. - Clarification regarding CCI approval to the Scheme of Arrangement between Ranbaxy Laboratories Limited and Sun Pharmaceutical Industries Ltd

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01 Dec 2014
Sun Pharmaceutical Industries Ltd has informed BSE that :<BR><BR>"We wish to clarify, in the matter of the Scheme of Arrangement between Ranbaxy Laboratories Limited and Sun Pharmaceutical Industries Ltd (the Transaction) that we have neither received any final order from Competition Commission of India (CCI) on the Transaction, nor has there been any rejection of the Transaction by CCI.<BR><BR>Please note that the CCI has been seeking additional information and detailed clarifications with respect to specific aspects of the products for the purpose of making its assessment. We see the process nearing its logical closure. We are happy with the open and transparent manner in which the matter has progressed. It is our intent to fully comply with all the regulatory requirements as required to close the transaction."
View all announcements for SUN PHARMACEUTICAL INDUSTRIES LTD.	Source: BSE India

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