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...
American exports to India
By Christmas this year, the world’s largest refinery complex will be operational in western India. It will produce 1.1 million barrels a day. Recent development is partly financed by a loan guarantee from the Export Import Bank of the United States. American companies have played a major export role in...