Business

Blackstone closing in on Aurobindo’s injectables industry

Blackstone has emerged as the frontrunner to acquire the wholly owned injectables arm of Aurobindo Pharma, valuing the business at around ₹26,000-30,000 crore ($3.4-4 billion), making it arguably the largest deal in the space, said multiple sources aware of the possible transaction.The keenly contested transaction, now in the final stages of negotiations…

Published

3 years ago

March 21, 2022

Shrishti

Blackstone closing in on Aurobindo’s injectables industry

Blackstone has emerged because the frontrunner to achieve the wholly owned injectables arm of Aurobindo Pharma, valuing the industry at round ₹26,000-30,000 crore ($3.4-4 billion), making it arguably the largest deal within the residence, mentioned a few sources responsive to the doable transaction.The keenly contested transaction, now within the closing phases of negotiations…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

1 year ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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