Zenotech opposes Daiichi Sankyo offer
This article was originally published in Scrip
Executive Summary
Zenotech Laboratoriesof India is opposing Daiichi Sankyo's offer of Rs113.62 ($2.31) per share for an additional 20% stake in the company. It claims that it has a "mail trail" to prove that its agreement with Daiichi Sankyo is for a higher price than the one currently offered.