UPL Surges On Plans To Acquire Arysta Lifescience For $4.2 Billion

Gold Silver Reports (GSR) – Shares of the Mumbai-based agricultural chemical maker rose as much as 7.93 percent, the most in over two years, to Rs 593.20 after it agreed to acquire agri-pesticides maker Arysta LifeScience Inc…. for $4.2 billion in cash to become one of the world’s largest crop protection companies.   

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Stocks Market To Watch: ACC, HDFC Bank, Hindustan Zinc, UPL, Wipro, Just Dial

✅ UPL Ltd. to acquire Arysta Lifescience in an all cash deal worth $4.2 billion.  

✅ Wipro guided for IT services revenues to be in range of $2,009 million to $2,049 million in the second quarter. The company will acquire U.S.-based Alight Solutions’ India operations for $117 million.   

✅ Just Dial approved buyback of 27.5 lakh shares, or 24.26 percent equity, at Rs 800 each. The buyback amount to not exceed Rs 220 crore.      

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