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Mergers & Acquisitions | 13 April 2012    2 Comment

GSK, Teva May Acquire Micro Labs' India Business

by Charmi Gutka
 
@charmi
Glaxosmithkline and Teva Pharma are planning to buy Bangalore-based @Micro_Labs' India business.

According to BS, both the companies are in separate discussions to acquire the domestic business of Micro Labs. Nomura is advising Micro Labs on the deal.

Sudhir Valia To Invest In Fortune Financial Services

Sudhir Valia, Executive director of Sun Pharmaceuticals is planning to 20% stake in Fortune Financial Services India Limited.

Read More...

Ace Investor Rakesh Jhunjhunwala Backs Remedinet Technologies

Ace investor Rakesh Jhunjhunwala has invested an undisclosed amount in Remedinet Technologies, software firm which provides solutions to manage pre-authorised payments. The round also saw the participation of existing investors - Bessemer Venture Partners and Nirvana Venture Advisors Private Limited.

Read More...
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