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Wyeth transfers Nashik factory lease rights

NEW DELHI: Wyeth has assigned its leasehold interest in the factory at Nashik to Mahindra & Mahindra for a consideration of Rs. 2.50 crore. The company also assigned its brand Forhans Toothpaste and Toothpowder, manufactured in the premises and its knowhow, to John Oak Remedies Pvt. Ltd., for a consideration of Rs. 2.25 crore.

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