Home / Asia Pacific / Fosun to buy KKR-backed Indian drugmaker for up to US$1.3 billion

Fosun to buy KKR-backed Indian drugmaker for up to US$1.3 billion

Shanghai Fosun Pharmaceutical Group Co Ltd has agreed to buy an 86 percent stake in Gland Pharma – backed by KKR & Co LP – for up to US$1.3 billion, the largest acquisition of an Indian company from abroad this year.
Source: Asia Pacific

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