Novozymes: Acquisition of enzyme activities from Biocon completed
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Novozymes A/S has completed the acquisition of the enzyme activities of Biocon Limited, Bangalore, India. In reference to stock exchange announcement no.17 of July 18, 2007, the acquisition was subject to shareholders' approval and approval by the relevant Indian regulatory bodies, which have now been granted.
The activities will be integrated into Novozymes' existing Indian and global activities and included in Novozymes' consolidated financial statements with effect from October 1, 2007.