Home / Asia Pacific / Fosun agrees to buy KKR-backed Indian drugmaker for US$1.4 billion: source

Fosun agrees to buy KKR-backed Indian drugmaker for US$1.4 billion: source

Shanghai Fosun Pharmaceutical Group Co Ltd has agreed to buy Gland Pharma – backed by KKR & Co LP – for about US$1.4 billion, a person with direct knowledge of the matter said, in India’s largest inbound acquisition this year.
Source: Asia Pacific

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