India: Dr Lal PathLabs moves into Madhya Pradesh

Indian diagnostics group Dr Lal PathLabs intends to acquire a 70% stake in a pathology company in Madhya Pradesh for up to Rs500m (US$7.2m). In a filing to the Bombay Stock Exchange, Dr Lal said that the acquisition would complete in the next three months. The company, which is still to be established, will be…

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