Sun finally gains control of Taro as takeover saga draws to a close

Sun Pharmaceutical Industries of India has completed the buyout of a controlling interest in Taro Pharmaceutical Industries, bringing to an end an acrimonious takeover battle spanning more than three years.

Sun Pharmaceutical Industries of India has completed the buyout of a controlling interest in Taro Pharmaceutical Industries, bringing to an end an acrimonious takeover battle spanning more than three years.

Sun said that its subsidiaries had raised their holding in Taro to 48.7% (from about 36%) and voting rights to...

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