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Open offer to Matrix Lab shareholders

CHENNAI: MP Laboratories (Mauritius), the acquirer of shares in Matrix Laboratories and Mylan Laboratories (Person Acting in Concert), have announced an open offer to the public shareholders of Matrix Laboratories to acquire up to 3.08 crore equity shares of Rs. 2 each, representing in the aggregate 20 per cent of the fully diluted voting equity capital of Matrix Laboratories. The specified date is September 22. The offer will open on October 20 and close on November 8.

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