Aurobindo Pharma inks pact to sell US-based unit for USD 550 mn

Aurobindo Pharma has announced reaching a definitive agreement to sell Natrol LLC, one of its American units  to an affiliate of New Mountain Capital to combine with Jarrow Formulas. The all-cash transaction is valued at $550 million. Subject to customary closing conditions and regulatory approvals, the transaction is expected to close...

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