December 20, 2017 / 5:15 AM / in 2 months

BRIEF-Strides Shasun Acquires Controlling Stake In Trinity Pharma

Dec 20 (Reuters) - Strides Shasun Ltd:

* SAYS ACQUIRES CONTROLLING STAKE IN TRINITY PHARMA, SOUTH AFRICA

* UNDER AGREEMENT, STRIDES PHARMA ASIA PTE LTD, SINGAPORE WILL ACQUIRE 55 PERCENT STAKE IN TRINITY FOR 55 MILLION SOUTH AFRICAN RAND‍​

* CURRENT MANGEMENT WILL STAY AS MINORITY PARTNER AND RUN THE BUSINESS UNDER SUPERVISION OF STRIDES‍​ Source text: bit.ly/2DaMy5f Further company coverage:

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