MOPE and InvAscent buy 70% in Symbiotec for $100 mPE fund Actis sells the stake in API maker, valuing company at $140 m.
Domestic pharmaceutical players eye Bharat Serums acquisitionThe two funds together hold a 23% stake and the remainder is with the Daftary family.
After Gland, Chinese pharma giant Fosun eyes API maker SymbiotecSymbiotec has been an acquisition target for other drug makers and PE players after the Indore-based company was put up for sale.
Foreign Investment Promotion Board to consider 31 FDI proposals on FridayProposals of Tevapharm India Pvt, GMU Infosoft Pvt, U Infosoft Pvt Ltd, and Monsoon Capital LLC, US are also among these nine investment pl...
Government to consider 31 FDI proposals on December 16The government will consider 31 foreign investment proposals, including that of Ratnakar Bank, Novartis Healthcare and HDFC Bank, on Decemb...
India Inc strikes 360 private equity deals worth $8.9 billion in January-October'There seems to be a pick-up in deal due diligence activity (especially, inbound deals) but deals are taking longer time to close,' Lahiri ...
FIPB clears Mylan's acquisition of Strides Arcolab subsidiary Agila SpecialitiesThe board also cleared 15 foreign direct investment (FDI) proposal worth Rs 2,000 crore, the finance minister said in a statement on Friday.
Govt clears 15 FDI proposals worth Rs 2,000.5 croreThe Finance Ministry today said it has approved 15 foreign investment proposals totalling Rs 2,000.5 crore and recommended two FDI applicat...
FIPB clears US pharma major Mylan's Rs 5,168 crore FDI proposalUS-based Mylan Inc's Rs 5,168 crore proposal to acquire Agila Specialties Pvt Ltd -- a subsidiary of pharma firm Strides Arcolab -- was cle...
Mylan Inc's over 5,000 crore FDI in pharma sector may get government nodMylan Inc's over Rs 5,000 crore foreign direct investment proposal and a host of others in the pharmaceutical sector could soon see green l...
Actis to buy 25% in steroids maker Symbiotec Pharmalab for Rs 300 crorePrivate equity fund Actis is looking to purchase more than 25% stake in cortico steroids maker Symbiotec Pharmalab for around $50 million.
- Franklin Templeton PE invests Rs 45 cr in drug-maker Symbiotec Pharmalab
Symbiotec is engaged in research, development, manufacturing and marketing of research-based active pharmaceutical ingredients for corticos...
- Lupin picks up majority stake in Symbiotec
As part of its plan to expand in the steroids segment, pharmaceutical firm Lupin on Thursday said it has acquired a majority stake in Symbi...
- Lupin joins hands with Symbiotec
Lupin on Thursday said it has made an equity investment in Symbiotec Pharmalab, a company focused on steroids, for a majority stake, in a b...