Reliance Industries to take 80% stake in Strand Life Sciences for Rs 553cr

By on    Healthcare Industry News  

Reliance Industries to take 80% stake in Strand Life Sciences for Rs 553cr

Reliance Industries said that its fully-owned subsidiary — Reliance Strategic Business Ventures Limited (RSBVL) has acquired over 22.8 shares of INR 10 each of Strand Life Sciences for INR 393 crores. HealthCare Global Enterprises had separately announced that it has divested its stake of 38.5% in Strand Lifesciences to the Reliance Industries company for INR […]

HCG buys oncology hospital labs and clinical trials business of Strand Lifesciences

By on    Healthcare Industry News  

HCG buys oncology hospital labs and clinical trials business of Strand Lifesciences

HealthCare Global Enterprises Limited (HCG) said that it has acquired oncology hospital labs and clinical trials business of Strand Lifesciences for around INR 81 crores with a set-off of around INR 7 crores towards receivables. Simultaneously, the Indian specialty healthcare service provider has sold its stake of 38.5% in Strand Lifesciences to a Reliance Industries […]