Shilpa Medicare plans API biz stake sale

By Ranjani Raghavan

  • 07 Nov 2022
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Credit: 123RF.com

Shilpa Medicare plans to sell a stake in its API (Active Pharmaceutical Ingredient) business, its high-revenue generating unit that was spun off into a separate entity this July, said two people aware of the matter. The company has appointed investment bank o3 Capital to manage the stake sale, the people cited ......

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