Debt-Laden Panacea's Shares Soar As $144m Rescue Agreed

10 Apr 2019

• By Penelope MacRae

A distressed asset fund run by Bain Capital Credit and Piramal Enterprises agrees a $144m bailout for financially ailing Indian vaccines specialist Panacea Biotec.

Rescue-at-sea — Rescue Plan For Panacea • Source: Shutterstock

Debt-Laden Panacea's Shares Soar As $144m Rescue Agreed

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