It’s Deal Time: Aurobindo on M&A, Divestment Path

Domestic Formulations Foray On Cards

What value do PE funds see in Aurobindo Pharma’s injectables business as the company looks for a partner? Why is Aurobindo looking for acquisitions in India as it sets a domestic revenue target of $133m in three years from the formulations business? Scrip takes a look.

Concept Image For Deals
Aurobindo Looks To Strike Deals To Drive Business Growth • Source: Alamy

Aurobindo Pharma Limited has grown its global injectables business to one of the largest among Indian firms and is now seeking partners.

The board has constituted a committee of independent directors to evaluate alternatives including a demerger, for restructuring of the company's wholly owned subsidiary Eugia Pharma Specialties Ltd that is focused...

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