Announced
Synopsis
Multiples, a private equity firm, Times Group, a media conglomerate, QRG Invest, Nishant Agarwal and Mallika Srinivasan agreed to acquire a 9.3% stake in BDR Pharmaceuticals, a pharmaceutical company, for $91m. "It is our pleasure to partner Multiples, as our first PE investor. Multiples is an active investor in the pharmaceuticals sector and have a strong track record of partnering with visionary entrepreneurs and management teams in helping them in their transformation journeys,” Dharmesh Shah, BDR Pharmaceuticals Chairman and Managing Director.
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