Global private equity fund Advent International said it will be acquiring a controlling stake in pharma sector-focused Avra Laboratories
Warburg Pincus, the present majority shareholder, would be minor partner
The deal could be announced on Monday, although the talks could still fall apart, the report said
Private equity firm Advent International will buy a controlling stake of 72.56 per cent in Eureka Forbes for approximately Rs 4,400 crore, it's parent Shapoorji Pallonji Group (SPG) has said.
Signs deal with SP Group at Rs 4.4K-crore valuation
The PE firm had sold 6% in February 2021
ZCL is one of the fastest-growing manufacturers of specialty active pharmaceutical ingredients (APIs) and advanced intermediates
Private equity firm Advent International said it has signed a definitive agreement to acquire a controlling stake in Hyderabad-based RA Chem Pharma Ltd from pharma firm Micro Labs
The shares were offloaded through Advent International Corp's Amalfiaco and Temasek's MacRitchie Investments Pte Ltd via multiple open market transactions
OrbiMed PE and Kotak PE, two private equity firms that previously held minority positions in Bharat Serums, will fully exit their investments in the company
To buy 68% from WestBridge, promoters & 26% through open offer
Last month, Advent closed its largest global fund called "GPE IX" at $17.5 billion
Advent has raised $17.5 billion for its ninth global PE fund. This increases the amount of capital that may be deployed in India
ASK claims to be India's largest equity portfolio management service provider