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INSITE VISION INC.
Sun Pharma makes tender offer to acquire InSite VisionSun Pharmaceutical Industries has made a tender offer to acquire US-based eyecare firm InSite Vision for USD 0.35 per share in cash.- Sun Pharma gains 2 per cent as company bids to acquire InSite VisionShares of Sun Pharmacauticals gained about 3% on reports that the company has bid to acquire US-based eye care company InSite Vision Inc.
- Sun Pharma in race to acquire InSite Vision?InSite has notified QLT of the InSite Board of Directors' determination and will engage in discussions with the Bidder, it added.
- Sensex down 200 points, Nifty below 7,850; Tata Steel down 5%, Vedanta down 4%The S&P BSE Sensex was trading lower by over 200 points, or 0.48%, on Tuesday following muted trends seen in other Asian markets.
- Sun Pharma bids to acquire InSite Vision IncSources close to the transaction have indicated that Sun Pharma has already bid for US OTC Market listed Insite Vision for Rs 300 cr.
- Twelve stocks in focus in Tuesday's tradeIndian markets are expected to trade in a range tracking muted trend seen in other Asian markets.
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