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Malaysian sovereign wealth fund Khazanah bets around $100M on Dr Reddy’s Labs

By Bhawna Gupta

  • 19 Nov 2014
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Malaysian sovereign wealth fund Khazanah bets around $100M on Dr Reddy’s Labs

Khazanah Nasional Berhad (Khazanah), the sovereign wealth fund of the Malaysian government, has made its second bet in the pharmaceutical sector in India by picking a stake in Dr Reddy's Laboratories. It had picked a small minority stake in Mumbai-based drug-maker Ipca Laboratories early this year.Khazanah has picked a total ......

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