Warburg Pincus exits its sole pharmaceutical bet in India

By Ankit Doshi

  • 29 Jun 2020
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Credit: 123RF.com

US-based private equity firm Warburg Pincus has exited a Mumbai-listed drugmaker, the only pharmaceutical company in its India portfolio, after selling a major chunk of its stake nearly two months ago. Warburg on Monday sold its balance 11.68% stake in Laurus Labs Ltd, a Hyderabad-based drug research and development company that ......

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