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VERIFIEDET Markets·neutral

Biocon shares: Active Pine may divest up to 1% equity worth Rs 638 crore via block deal

AI Summary
  • ·Active Pine plans to sell up to 1.66 crore Biocon shares valued at Rs 638 crore.
  • ·The block deal is expected to occur at Rs 385 per share.
  • ·This comes as Biocon announces a 10-year Brazil partnership for Pertuzumab.
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