Ipca Launches Bid To Buy A Third Of Unichem, Eyes Majority Ownership

Initial 33% Acquisition Could Be Bolstered By Additional 26% Stake

API and formulations firm Ipca Laboratories is to spend more than INR10bn to acquire a 33% holding in its fellow Indian firm Unichem Laboratories, with designs to add a further 26% stake.

M&A
• Source: khwanchai phanthong/Alamy Stock Photo (khwanchai phanthong / Alamy Stoc/Alamy Stock Photo)

More from Deals

More from Business