Piramal Eyes 20% Pharma Stake Sale

Looking To Raise Funds For Growth Through Acquisitions

Piramal Enterprises, one of India’s biggest conglomerates, has said it is looking to sell up to a 20% stake in its Piramal Healthcare business to raise funds for spurring growth of the division through acquisitions.

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Piramal is looking to sell a stake of up to a fifth in its pharma business • Source: Shutterstock

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