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Sun Pharma to buy remaining 34% of Taro for $592M

By TEAM VCC

  • 05 Sep 2012
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Sun Pharma to buy remaining 34% of Taro for $592M
Sun Pharmaceutical Industries Ltd

Sun Pharmaceutical Industries Ltd, India’s largest pharmaceutical company by market capitalisation, has reached an agreement to buy out the minority shareholders of New York Stock Exchange-listed Taro Pharmaceutical Industries and thereby take it private in a deal that would cost the Mumbai-based firm as much as $592 million (Rs 3,250 ......

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