Madrid, Spain headquartered Ebro Foods, S.A. purchased Tilda, a premium basmati and specialty rice brand from Hain Celestial Group headquartered in Lake Success, N.Y. The deal for $342 million in cash included 100% of the companies and assets through which the global Tilda business is conducted. This acquisition enhanced Ebro's portfolio...
India's Aurobindo Buys Novartis' Dermatology business
Hyderabad, India-based Aurobindo Pharma signed a definitive agreement to acquire certain assets from Sandoz Inc., U.S.A., a Novartis division, for a consideration of $900 million. The proposed acquisition will be on a debt-free and cash-free basis, and comprises the dermatology business and a portfolio of oral solid products along with commercial...