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Zydus Wellness rises over 4% as CCI clears deal with Heinz India

Zydus Wellness rises over 4% as CCI clears deal with Heinz India

Wed, Dec 12, 2018

Shares of Zydus Wellness surged over 4 per cent Wednesday as the CCI approved Zydus Cadila's deal to acquire Heinz India's consumer wellness business.

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Rs 4,595 cr deal! Cadila Health buys iconic Complan, Glucon-D, Nycil, Sampriti ghee, brands from Heinz

Rs 4,595 cr deal! Cadila Health buys iconic Complan, Glucon-D, Nycil, Sampriti ghee, brands from Heinz

Thu, Oct 25, 2018

Kraft Heinz has proposed to carve out business related to ketchup, tomato sauce, mayonnaise, before the closing of the transaction. Post announcement, shares of Zydus Wellness closed 4.29% lower at Rs 1203.95 per scrip on BSE while shares of Cadila Healthcare closed 5.17% lower at Rs 358.40 on BSE on Wednesday.

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