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Hoechst Pakistan board approves terms for acquisition of Sanofi products

15:35
June 11, 2024
MG

June 11, 2024 (MLN): The Board of Directors of Hoechst Pakistan Limited (PSX: HPL), in its meeting held today, has accorded its approval to finalize the commercial and legal terms for the acquisition of certain products along with associated trademarks from Sanofi affiliates.

The company informed market participants of this development through a notice issued on the Pakistan Stock Exchange (PSX) today.

The Proposed Transaction will be executed subject to applicable regulatory approvals, execution of transaction documents, and completion of legal formalities, the notice mentions.

It is worth noting that the company operates in the pharmaceuticals sector, and its stock is currently trading in the green zone, up by Rs50.98 or 3.52% compared to the previous close.

Copyright Mettis Link News

Posted on: 2024-06-11T15:31:50+05:00

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PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.50000	278.70000	278.70000	278.50000	01:00 PM
2	EUR	1.08710	1.08740	1.08740	1.08710	11:45 PM
3	GBP	1.28670	1.28690	1.28690	1.28670	11:45 PM
4	CHF	0.88343	0.88390	0.88390	0.88343	12:01 AM
5	JPY	153.74000	153.75000	153.75000	153.74000	11:45 PM
6	CAD	1.38270	1.38320	1.38320	1.38270	11:45 PM
7	AUD	0.65450	0.65490	0.65490	0.65450	11:45 PM
8	INR	83.74440	83.74490	83.74490	83.74440	08:00 PM
9	SAR	3.75150	3.75170	3.75170	3.75150	09:01 AM
10	AED	3.67290	3.67310	3.67310	3.67290	02:00 AM
11	HKD	7.80670	7.80680	7.80680	7.80670	11:45 PM
12	CNH	7.27265	7.27273	7.27273	7.27265	08:00 PM
13	CNY	7.25020	7.25190	7.25190	7.25020	08:59 PM
14	THB	35.89000	35.91000	35.91000	35.89000	08:00 PM
15	MYR	4.65500	4.66000	4.66000	4.65500	08:00 PM
16	IDR	16,284.10000	16,324.20000	16,324.20000	16,284.10000	08:00 PM
17	SGD	1.34210	1.34310	1.34310	1.34210	11:45 PM
18	NZD	0.58850	0.58910	0.58910	0.58850	11:19 PM
19	MXN	18.44420	18.47420	18.47420	18.44420	11:45 PM
20	TRY	32.93760	32.94760	32.94760	32.93760	08:00 PM
21	SEK	10.80980	10.81880	10.81880	10.80980	11:45 PM
22	ZAR	17.95140	18.59480	18.59479	17.95141	11:45 PM
23	NOK	10.84750	11.11640	11.11637	10.84750	11:45 PM
24	DKK	6.87350	6.87450	6.87450	6.87350	11:19 PM
25	ARS	928.03700	928.18400	928.18441	928.03725	12:01 AM
26	BDT	115.79300	119.10700	119.10725	115.79258	08:00 PM
27	BHD	0.37697	0.37701	0.37701	0.37697	03:42 AM
28	BRL	5.65460	5.65760	5.65760	5.65460	08:00 PM
29	KRW	1,384.27000	1,385.47000	1,385.47000	1,384.27000	08:00 PM
30	KWD	0.30556	0.30616	0.30616	0.30556	08:09 PM
31	LKR	299.66400	306.10900	306.10930	299.66392	08:00 PM
32	OMR	0.38475	0.38525	0.38525	0.38475	01:58 AM
33	QAR	3.64570	3.64750	3.64750	3.64570	05:25 PM
34	RUB	85.96870	85.97700	85.97701	85.96873	12:01 AM
35	AFN	69.80150	71.64300	71.64297	69.80149	08:00 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:20 AM
37	TMT	3.50000	3.60000	3.60000	3.50000	08:00 PM
38	MVR	15.25000	15.45000	15.45000	15.25000	08:00 PM
39	UZS	12,597.00000	12,661.50000	12,661.47967	12,597.02592	08:00 PM
40	PHP	58.46700	58.53500	58.53500	58.46700	08:00 PM
42	NGN	1,595.50000	1,596.50000	1,596.50000	1,595.50000	08:00 PM
43	KES	128.94000	130.94000	130.94000	128.94000	08:00 PM
44	AMD	360.07900	415.32000	415.32017	360.07918	08:00 PM
45	TWD	32.79800	32.82800	32.82800	32.79800	08:00 PM
46	XAU	2,386.38000	2,387.69000	2,387.69000	2,386.38000	10:46 PM
47	XAG	27.88920	27.93580	27.93580	27.88920	10:46 PM
48	XPT	935.46000	944.46000	944.46000	935.46000	02:01 AM
49	XPD	900.13000	905.78000	905.78000	900.13000	02:01 AM
2,120	VES	36.55070	36.57100	36.57105	36.55069	12:01 AM
2,212	UGX	3,686.65000	3,769.52000	3,769.51974	3,686.65292	08:00 PM
2,213	TZS	2,652.84000	2,744.92000	2,744.91750	2,652.84325	08:00 PM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	78,569.89	78,029.510	77,921.48	-439.823	-0.561	116,859,785.0	6,677,560,882.310	26/07/2024 05:11 PM
ALLSHR	50,090.63	49,603.985	49,583.79	-331.052	-0.663	278,152,975.0	11,615,911,000.350	26/07/2024 05:11 PM
KSE30	25,229.07	25,084.063	25,030.84	-114.193	-0.453	49,331,697.0	4,791,486,682.740	26/07/2024 05:11 PM
KMI30	125,384.85	124,435.389	124,293.27	-857.264	-0.684	59,934,102.0	4,927,447,717.400	26/07/2024 05:11 PM
KMIALLSHR	35,001.94	34,669.975	34,670.49	-273.938	-0.784	165,777,105.0	8,901,688,601.730	26/07/2024 05:11 PM
BKTi	20,720.43	20,600.369	20,487.01	11.677	0.057	4,611,742.0	487,652,879.440	26/07/2024 05:11 PM
OGTi	17,402.54	17,198.007	17,181.09	-192.350	-1.106	5,527,435.0	820,137,888.420	26/07/2024 05:11 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	68,270.0	69,025.0	66,350.0	2,880.00
BRENT CRUDE	EB	80.6	82.7	80.3	-1.82
RICHARDS BAY COAL MONTHLY	EF	111.0	0.0	0.0	4.50
ROTTERDAM COAL MONTHLY	ET	106.7	0.0	0.0	0.45
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	76.4	78.6	76.2	-1.84
SUGAR #11 WORLD	SB	18.5	18.7	18.3	-0.18

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