Announced
Financials
Tags
Private Equity
Cross Border
Pending
Acquisition
Private
oncology
Minority
Friendly
India
Pharmaceuticals
cancer research
biopharmaceuticals
Single Bidder
Synopsis
Goldman Sachs agreed to invest $150m in Biocon Biologics, a biopharmaceutical company, at a $3.9bn valuation. "We are extremely pleased to welcome a capital injection by Goldman Sachs at this inflection point of Biocon Biologics’ journey in its quest for global leadership in providing affordable access through Biosimilar drugs. This transaction is a part of the overall strategic plan of value creation for our shareholders through Biocon Biologics,” Kiran Mazumdar-Shaw, Biocon Executive Chairman.
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