facebook-page-view
Advertisement

Lenders of Piramal PE-backed bulk drugs maker take massive haircut in acquisition deal

By Beena Parmar

  • 25 Jan 2021
Premium
Lenders of Piramal PE-backed bulk drugs maker take massive haircut in acquisition deal
Credit: Pixabay

Lenders of a bankrupt bulk drugs and chemicals maker backed by a Piramal Group promoted private equity fund are staring at a massive haircut following a go-ahead from the insolvency tribunal for the latter’s acquisition.   Chandigarh based Vardhman Chemtech Ltd is set to be acquired by Mumbai-based DPB Antibiotics Private ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement