ERIS Lifesciences will acquire 100% stake in Oaknet Healthcare at an equity valuation of Rs 650 crore. The business will be housed in Eris Oaknet Healthcare, a wholly owned subsidiary of the company.
The deal is expected to be completed before end of May 2022. The acquisition facilitates the entry of Eris into the dermatology segment.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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First Published: Wed, May 04 2022. 08:02 IST