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NCLT approves Sterling Biotech’s acquisition by US-based Perfect DayIn April, the California-based company emerged successful with a bid of Rs 638 crore against the reserve price of Rs 548.46 crore for the d...
Piramal, Cadila among 32 companies in race to buy Sharon Bio-MedicineSome fund houses, including iLabs India Special Situations Fund, Edelweiss Alternative Assets Advisors, Capri Global Holdings, ACRE India, ...
US-based Perfect Day emerges successful bidder for the acquisition of Sterling BiotechThe California-headquartered Perfect Day Inc was the highest bidder at Rs 638 crore against the reserved price of Rs 548.46 crore. While Gu...
Bankruptcy court temporarily stays auction of Gujarat-based Sterling BiotechGujarat-based Sterling Biotech is the world’s sixth-largest manufacturer of pharmaceutical gelatin and owes over Rs 8,100 crore to financia...
US' Perfect, Belgian firm Tessenderlo among 5 in race to buy Sterling BiotechThe Sandesaras are said to have fled India and are believed to be in Africa. In June last year, the Enforcement Directorate had attached pr...
Tesenderlo Chemie, ACG Associated and Perfect Day in fray for Sterling BioSterling Biotech owes more than Rs 8,100 crore to lenders.
Sterling Biotech's liquidator invites fresh bids to attract more buyersFresh bids have been called to attract more buyers with a new clause that the successful bidder will now have to pay only 20% of the final ...
Aurobindo, Cadila, UPL in fray to acquire bankrupt Sterling BiotechThe liquidator had invited bids on July 21 for the world’s sixth-largest manufacturer of pharmaceutical gelatin to sell the company as a go...
Gelatine in capsules & vitamin drugs manufactured from bones, skin & tissue of cattle, say pharma cosGelatine, a key element in capsules, vitamin drugs and chicken fodder, is manufactured by processing the bones, skin and tissue of cattle.