Tuesday, July 15, 2008

Sun Pharma extends tender offer for Taro Pharma

Sun Pharmaceutical Industries today announced its subsidiary, Alkaloida Chemical Company Exclusive Group Ltd. (Alkaloida), has extended the expiration date of the Tender Offer for purchase of all outstanding ordinary shares of Taro Pharmaceutical Industries Ltd. (Taro). The Offer has been extended to 5:00 pm, New York City time, on Tuesday, September 2, 2008.

The details can be read here.

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