Deal of the month: Japan’s Meiji buying Temasek-backed drugmaker Medreich

Deal: Meiji Seika Pharma, a part of Meiji Holdings Co. Ltd, is acquiring Temasek-backed drugmaker Medreich Ltd, a Bangalore-based contract manufacturing pharmaceutical company, for $290 million (Rs 1,720 crore).Target: Started close to four decades ago, Medreich, a fully integrated pharmaceutical company, is involved in the manufacturing and marketing of a ......