Quadria Capital backed pharma firm to acquire distressed bulk drugs maker
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Quadria Capital backed pharma firm to acquire distressed bulk drugs maker

By Beena Parmar

  • 10 Feb 2021
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Quadria Capital backed pharma firm to acquire distressed bulk drugs maker

A New Delhi based pharmaceutical company backed by private equity firm Quadria Capital will acquire a distressed bulk drugs maker, following a nod from the insolvency tribunal.  Akums Drugs & Pharmaceuticals Ltd has received approval from the Chandigarh bench of the National Company Law Tribunal (NCLT) to acquire Parabolic Drugs Ltd. ......

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