Cipla supply deal key to South African takeover of Medpro
This article was originally published in Scrip
Executive Summary
Cipla India's long-term supply deal with Cipla Medpro South Africa (CMSA) is seen as a key component driving future value in Adcock Ingram's buyout bid for CMSA. Adcock had recently made a Rand 2.1 billion ($232 million) offer to acquire CMSA.