Draxis completes sale to Jubilant

Draxis Health has finalized its acquisition by Jubilant Organosys of Noida, India.

Jubilant Organosys paid $6 per common share, or $255 million (U.S.), for the Montreal-based firm.

Related Reading

Draxis shareholders OK Jubilant acquisition, May 23, 2008

Revenues slip, loss posted in Draxis' Q1, May 9, 2008

Indian firm to buy Draxis for $255 million, April 4, 2008

Draxis confirms sell-off rumors, March 17, 2008

Chalk River shutdown hurts Draxis' results, February 8, 2008

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