Greater Noida headquartered Indian-listed IT services provider Coforge Ltd, (formerly known as NIIT Technologies )announced its intention to acquire Santa Clara, CA- based Encora Digital LLC for $2.35 billion. This acquisition, expected to close within the next six months pending regulatory approval, is important for Coforge as it seeks to...
Mankind Pharma Acquires Bharat Serums for $1.63 Billion
New Delhi-based Mankind Pharma, known for products such as Manforce, AcneStar, HealthOK among others, announced its acquisition of Bharat Serums and Vaccines Ltd based in Mumbai. The deal is valued at approximately $1.63 billion, (including debt). This move will grant Mankind access to Bharat Serums' portfolio, particularly in women's health...
Advent International Buys India’s Suven Pharma
Boston, MA headquartered private equity firm Advent International completed its acquisition of a majority stake in India's Hyderabad-based Suven Pharmaceuticals, a contract research and manufacturing services (CRAMS) company. The company announced changes to Suven's board. which will now be led by Annaswamy Vaidheesh as Executive Chairman, V. Prasada Raju as...
Advent to Acquire Controlling Stake in Indian Biopharma Maker
Boston, MA headquartered global private equity investor Advent International will acquire a majority stake in Mumbai India-based Bharat Serums and Vaccines Limited. The acquisition is expected to close by the end of 2019. Bharat Serums is a biopharmaceuticals company focussed on women’s healthcare, assisted reproductive treatment, and critical care and...