Market Overview

Dr. Reddy's Announces Offer for OctoPlus is Unconditional

With reference to the joint press releases of Dr. Reddy's (NYSE: RDY)
and OctoPlus (NYSE Euronext Amsterdam: OCTO), issued on 22 October 2012
and 13 December 2012 respectively, the Offeror and OctoPlus hereby
jointly announce that the Offeror declares the Offer unconditional.

Results Offer Period

During the Offer Period, which ended at 18.00 hours CET on 8 February
2013 (the “Closing Date”), 37,233,244 Shares, representing 70.7% of the
Shares and a value of EUR 19,361,286.88, have been tendered for
acceptance under the Offer.1

1 The Company does not hold any Shares in treasury.

As a result the

See full press release

Posted-In: News Guidance Contracts Asset Sales Management M&A Global

 

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