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New Deal


Announced

Torrent Pharma to acquire Curatio Health from Sequoia Capital for $245m.

Financials

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Transaction Value£229m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Private Equity

pharmaceutical manufacturing

Acquisition

Majority

Domestic

health care company

Pending

Single Bidder

cosmetic dermatology

Friendly

India

Pharmaceuticals

Synopsis

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Torrent Pharma, an Indian multinational pharmaceutical company, agreed to acquire Curatio Health, a dermatology company, from Sequoia Capital, a venture capital firm, for $245m. "We are delighted to enter into this deal with Curatio. The acquisition offers Torrent the opportunity to enhance its presence in dermatology with a differentiated portfolio and is a strong strategic fit. Curatio has built a commendable set of high market share brands in cosmetic and pediatric dermatology that we look forward to adding to our product offerings," Aman Mehta, Torrent Pharmaceuticals Director.

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