The week saw three large M&A deals led by the first acquisition of a British unit by an Indian company since Brexit. Ahmedabad drugmaker Intas Pharma inked a deal to buy UK and Ireland based assets of Israeli multinational Teva Pharmaceuticals in the second biggest overseas acquisition in the sector ever. C K Birla Group controlled Orient Cement also agreed to buy two units from debt laden Jaypee Group while Adani Group continued its inorganic growth to snap Reliance Infrastructure’s transmission business. Argand Capital Partners (Sigma Electric) and Everstone Capital (C3) were among those sealing large private equity transactions.
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