Sun Pharmaceutical, India's largest drugmaker by market value, has agreed to buy Ranbaxy in a $4 billion all-stock deal.
Ranbaxy investors will get 0.8 share in Sun Pharma for every one of their shares. Agam Vakil shares details on the deal valuation and the shareholding pattern. Also, Bloomberg's Ketaki Gokhale tells you what may happen to Ranbaxy's U.S. FDA woes post the deal. .
Sun Pharmaceutical, India's largest drugmaker by market value, has agreed to buy Ranbaxy in a $4 billion all-stock deal.
Ranbaxy investors will get 0.8 share in Sun Pharma for every one of their shares. Agam Vakil shares details on the deal valuation and the shareholding pattern. Also, Bloomberg's Ketaki Gokhale tells you what may happen to Ranbaxy's U.S. FDA woes post the deal.
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Ranbaxy stock has been under severe stress today after Sun Pharma agreed to buy the company in a $4 billion all-stock deal.
Ranbaxy investors will get 0.8 share in Sun Pharma for every one of their shares. The deal makes Sun the largest pharma company in India and gives it control over Ranbaxy's pipeline of generic products. Speaking to Bloomberg TV India the management also stressed that they see huge value for Ranbaxy shareholder.
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Sun Pharmaceutical Industries Ltd said that it will buy generic drug maker Ranbaxy Laboratories Ltd, which has hit regulatory snags in its key US market over quality issues, in an all-share deal with total equity value of $3.2 billion.
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What is Wheat Beer? | व्हीट बीयर क्या है?
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If you love homestyle cocktails, reviews of Alcohol, Drink kn
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