Natco Pharma offers to buy 35.75% stake in South Africa's Adcock Ingram for Rs 2,000 crore

Natco Pharma Ltd., on Wednesday said it has made a cash offer to buy out minority shareholders' 35.75% stake in South Africa's Adcock Ingram Holdings Ltd. for approximately ZAR 4 billion (Rs 2,000 crore). The transaction aims to give the Indian generic drug maker a significant strategic footprint into South Africa, which the company views as a gateway to the broader African continent.