Corporate News     05-Jan-07
Wanbury board OKs 22-mln-euro fund-raising plan
For utilising in capex, overseas acquisitions and joint ventures
Drug maker Wanbury's board has approved raising up to 22 million euros by issuing convertible bonds or through qualified institutional placement (QIPs).

Company plans to use these funds for various purposes, including capex, overseas acquisitions and joint ventures.

In October, Wanbury had planned to acquire the generics business of Spain's Industrial Farmaceutica Cantabria for 42 million euros in addition to potential milestone payments of 8 million euros.

Previous News
  Wanbury reports consolidated net profit of Rs 7.36 crore in the September 2023 quarter
 ( Results - Announcements 21-Oct-23   07:42 )
  Wanbury reports consolidated net profit of Rs 4.69 crore in the June 2023 quarter
 ( Results - Announcements 12-Aug-23   07:42 )
  Wanbury reports standalone net loss of Rs 8.52 crore in the June 2018 quarter
 ( Results - Announcements 13-Aug-18   16:05 )
  Wanbury reports consolidated net profit of Rs 62.38 crore in the March 2020 quarter
 ( Results - Announcements 23-Jul-20   08:01 )
  Wanbury to hold AGM
 ( Corporate News - 06-Sep-16   12:22 )
  Wanbury reports net loss of Rs 13.41 crore in the December 2011 quarter
 ( Results - Announcements 11-Feb-12   10:57 )
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 ( Corporate News - 15-Oct-15   09:48 )
  Wanbury reports consolidated net profit of Rs 10.27 crore in the December 2023 quarter
 ( Results - Announcements 24-Jan-24   17:00 )
  Wanbury to convene board meeting
 ( Corporate News - 30-Jul-22   11:40 )
  Wanbury to hold board meeting
 ( Corporate News - 16-Jul-15   09:58 )
  Wanbury to conclude sale of brands to Cipla
 ( Corporate News - 08-Feb-20   13:52 )
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