022 24172311
Sections
Search
DealCurry
Equity
Venture Capital
Private Equity
M&A

Mergers & Acquisitions | 3 August 2012

Sun Pharma To Acquire German Drug Maker Stada

by Vivek Singh
Sun Pharma To Acquire German Drug Maker Stada
Share on Social Media Email Facebook Twitter Linkedin
 
@vivek

Sun Pharmaceutical is planning acquisitions in Europe and is in talks with German drug maker Stada Arzneimittel AG.

The overseas acquisition is a part of strategic move to broaden its geographic breadth. Sun Pharma has followed a strategy of acquiring under-performing or unprofitable companies and merging their operations to its company.

The company is planning to raise $1 Bn for the acquisitions as the market value of the German drug maker is around $1.7 Bn. Sun Pharma has about $927 Mn cash on its balance sheet.

Hero MotoCorp Invests In Erik Buell Racing of U.S

Hero MotoCorp Invests In Erik Buell Racing of U.S

Hero MotoCorp Limited invested $20 Mn in American racing company Erik Buell Racing (EBR).

Read More...

Blueblood Ventures Plans SME IPO

Blueblood Ventures Plans SME IPO

Blueblood Ventures Limited has filed DRHP with the SME Platform of BSE to raise R7.03 Cr by issuing 4.68 lacs equity shares to the public. The company has fixed the share price at R150 a share.

Read More...
Subscribe
Enter your Email address
to receive all the news