Wednesday, 11 December 2013

Goldman Sachs sells 4.20 lakh shares of Strides Arcolab: Report

Goldman Sachs Investments Mauritius has reportedly offloaded 4.20 lakh shares constituting 0.71% stake of Strides Arcolab through the open market route. The shares were sold on an average price of Rs 876.56 valuing the transaction to Rs 36.82 crore.

Strides Arcolab is a global pharmaceutical company headquartered in Bangalore, India that develops and manufactures wide range of IP-lead niche pharmaceutical products with an emphasis on sterile injectables.

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