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U.S.-based Carlyle Group Inc has agreed to buy a 20% stake in the pharmaceutical unit of Indian conglomerate Piramal Enterprises Ltd for about $490 million, the companies said in a statement on Saturd
The company said that this fresh growth investment into its Pharma Business will be used as growth capital for the pharma businesses.
The estimated equity capital investment for Carlyle's 20 per cent stake in Piramal Pharma would amount to around $490 million.
The transaction values the pharma business at an enterprise value of $2.78 billion, with an upside component of up to $360 million depending on the company’s FY21 performance
U.S.-based Carlyle Group Inc has agreed to buy a 20% stake in the pharmaceutical unit of Indian conglomerate Piramal Enterprises Ltd for about $490 million, the companies said in a statement on Saturd
Carlyle Group will purchase a 20% stake in Indian billionaire Ajay Piramal’s pharmaceutical business, according to an exchange filing.
(Bloomberg) -- Carlyle Group will purchase a 20% stake in Indian billionaire Ajay Piramal’s pharmaceutical business, according to an exchange filing.The private equity fund will pay $490 million for
The CEO of Nasdaq led the exchange’s seamless transition to remote operation.
Money was raised via issuance of three-year NCDs at a rate of 9% to Farallon Capital.PiramaL group has taken several steps in the past six months to manage its liquidity
Carlyle buys 20% stake in Piramal Pharma businesses
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