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Wockhardt, Cadila hire bankers for share sales

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Wockhardt, Cadila hire bankers for share sales

Top drugmakers Wockhardt Ltd and Cadila Healthcare Ltd have selected merchant bankers to raise funds through a private placement of shares, joining a bunch of companies across sectors tapping into institutional investors directly.The two pharmaceutical companies follow a dozen firms, including Kotak Mahindra Bank, YES Bank and metals giant Hindalco ......

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