Neogen Chemicals Limited (NSEI:NEOGEN) signed a Share Purchase Agreement to acquire BuLi Chemicals India Private Limited from Livent Corporation (NYSE:LTHM) and Livent USA Corp. for INR 250 million on March 4, 2023. BuLi Chemicals India Private Limited will acquire approximately 47 million shares of BuLi Chemicals India Private Limited. BuLi Chemicals India Private Limited reported Total revenue of approximately INR 650 million as on March 31, 2022. The transaction is expected to Complete on 60 days from the date of Signing of SPA.

Neogen Chemicals Limited (NSEI:NEOGEN) completed the acquisition of BuLi Chemicals India Private Limited from Livent Corporation (NYSE:LTHM) and Livent USA Corp. for INR 250 million on May 3, 2023.