Dr Lal Path Labs buys Suburban Diagnostics in all-cash deal

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SynopsisThe development comes amid consolidation and heightened investor interest in the diagnostics sector due to the Covid-19 pandemic.AgenciesDr Lal Path Labs (LPL) has acquired Suburban Diagnostics in an all-cash deal for an enterprise value of Rs 925 crore and a cap of Rs 1,150 crore, the company said in regulatory filings on Tuesday. ET was…Continue Reading