Drugmaker Micro Labs plans to sell subsidiary, hires banker

By Ranjani Raghavan

  • 13 Dec 2019
Premium

Bengaluru-based Micro Labs Ltd has put one of its subsidiaries up for sale, barely three years after acquiring the unit. The drugmaker plans to sell Hyderabad-based RA Chem Pharma Ltd, two people familiar with the matter told VCCircle, asking not to be named. It has hired investment bank Nomura to scout ......

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