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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.

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

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