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Bulk drugs maker to pop out ‘benchmark returns’ pill for Morgan Stanley

By Ankit Agarwal

  • 10 Feb 2021
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Bulk drugs maker to pop out ‘benchmark returns’ pill for Morgan Stanley
Credit: Thinkstock

ZCL Chemicals Ltd is all set to serve up benchmark returns for Morgan Stanley PE Asia as the investor gets ready to exit the active pharmaceutical ingredient maker after over four years. Morgan Stanley will be exiting under a deal announced on Monday as part of which private equity firm Advent ......

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