MUMBAI: Pharmaceuticals-to financial services conglomerate Piramal Enterprises has initiated talks with private equity investors to sell up to a 20% stake in its over-the-counter (OTC) drugs business, multiple industry sources told ET. The group is looking to rope in a financial partner to play up its inorganic strategy of acquiring small OTC brands and businesses, said executives directly involved in the discussions. The stated aim of the group is to figure among the top three OTC c .. Read more at: http://economictimes.indiatimes.com/articleshow/50568820.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Source: Economic TimesPiramal Enterprises in talks to sell 20% stake in over-the-counter drugs business
Industry: 2016-01-14