In a bid to grow its outreach, Elder Healthcare, the FMCG wing of Elder Pharmaceuticals plans to expand its product portfolio in the oral care and personal care segment, with a special focus on the emerging male...
M&A Happenings : March 2016
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals March 2016 February 2016 Agriculture – 1 Chemicals 2 7 Entertainments – 1 Financial Services 3 7 Information Technology –...
Sun Pharma buys Novartis brands for Rs 1,900 cr
Sun Pharmaceuticals, India’s largest drug maker by sales, has acquired Novartis’ branded drug portfolio in Japan for $293 million (Rs 1,900 crore). With this, Sun will gain a strong foothold in Japan, the...
Ackman sells part of Mondelez stake, has no plans for other sales
Billionaire investor William Ackman adjusted his battered hedge fund portfolio on Wednesday when he sold 20 million shares of snack maker Mondelez International, one day after another key holding, Valeant...
M&A Happenings : February 2016
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals February 2016 January 2016 Agriculture 1 – Chemicals 7 1 Entertainments 1 – Electronics – 1 Financial Services 7 1...
Pharma is a Sweet-Spot in Global Acquisitions in 2015
The year 2015 created a record in terms of global mergers and acquisitions (M&As). The total value touched $5.03 trillion, a massive rise of 37% ($3.67 trillion) from 2014, according to data from Dealogic...
Cipla seals Invagen and Exelan deals in US.
India’s third largest drug maker CiplaBSE 0.54 % has closed the acquisitions of InvaGen and Exelan, the two drug companies it purchased last September in an all cash transaction worth $550 million. The development...
CSL Aquisition
DEAL/TRANSACTION: CSL limited had agreed to buy Novartis AG’s global influenza vaccine business for $275 million, part of the Swiss drugmaker’s drive to focus on its best assets. The business will be...
Strides-Shasun Combining to Accelerate Strategy and Growth
On 29th September 2014 Board of Directors of Strides Arcolab Limited (‘Strides’) and Shasun Pharmaceuticals Limited (‘Shasun’) announced that both companies have approved Scheme of Amalgamation between the two companies...
M&A Happenings: January 2016
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals January 2016 December 2015 Agriculture – – Chemicals 1 2 Entertainments – 1 Electronics 1 2 Financial Services 1 3...
Strides Acroloab Acquires Raricap
Mergers have played a key role in shaping the global pharmaceutical landscape. Indeed, most of the pharmaceutical companies that stayed among the world’s 20 largest between 1995 and 2005 were involved in “megamergers,”...
Torrent, Dr Reddy’s, Aurobindo, Cipla, Lupin in race to buy Sagent.
At least five Indian drug companies — Torrent Pharmaceuticals, Dr Reddy’s Laboratories, Aurobindo Pharma, Cipla and Lupin — are in initial discussions to bid for Sagent Pharmaceuticals, a Nasdaq-listed...