The acquisition of a US pharma manufacturing firm is the latest move in a seemingly non-stop deal-making spree by the 61-year-old chairman of the Piramal Group Ajay Piramal, sometimes compared by India’s media to Warren Buffet for his style of "value investing."
Piramal Boosts N American Capacity With Ash Stevens Deal
Cash-flush Piramal Enterprises is ramping up its North American drug manufacturing operations through the purchase of Ash Stevens, a US company making high-potency active pharmaceutical ingredients, in the latest in a string of deals for the unconventional Indian group.
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