Announced
Financials
Sources
Tags
pharmaceutical company
Cross Border
Friendly
India
Majority
Acquisition
Private Equity
Pharmaceuticals
Single Bidder
Pending
Private
Synopsis
Private equity firms PAG, Samara Capital and CX Partners offered to acquire a 70% stake in Anjan Drug, which supplies active pharmaceutical ingredients for central nervous system therapies, for $70m. “The acquisition is part of the PAG-led consortium’s strategy to create a best-in-class platform for the development and production of bulk drug ingredients,” PAG.
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