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Alembic buys non-oncology division of Dabur Pharma

Posted by dealcurry on February 1, 2007

Alembic has acquired the domestic non-oncology formulation business of Dabur Pharma for a consideration of Rs. 159 crores. The acquisition will be funded through a combination of internal accruals and debt. The company may also exercise the option of diluting a small portion of its equity. The consideration of Rs. 159 crores is for the acquisition plus the actual net working capital.

Read the Indiainfoline.com article.

Posted in Alembic, Dabur Pharma, Mergers and Acquisitions, Pharma and Healthcare | Leave a Comment »