A wholly-owned subsidiary of Abu Dhabi Investment Authority (ADIA) has entered into definitive agreements to invest USD 200 million for a 3 per cent stake in Meril.
(Source: unsplash)
Abu Dhabi Investment Authority on Monday said it will acquire a 3 per cent stake in medical devices firm Micro Life Sciences Pvt Ltd (Meril) for USD 200 million.
A wholly-owned subsidiary of Abu Dhabi Investment Authority (ADIA) has entered into definitive agreements to invest USD 200 million for a 3 per cent stake in Meril.
This investment values the firm at an enterprise value of USD 6.6 billion, ADIA said in a statement.
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