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Carlyle Group in talks to acquire Granules India

Carlyle Group in talks to acquire Granules India

According to reports by CNBC TV18, the investment firm Carlyle Group is in advanced stages for acquisition of Granules India for around $1 billion. Carlyle is likely to buy promoter shares of Granules India. Carlyle recently bought a small stake in Piramal Pharma and acquired global veterinary giant Sequent Scientists. However Granules India stayed muted to CNBC TV18 comment.  

Srushti Vaidya

Srushti Vaidya is a mass media student from Ramnarian Ruia Autonomous College, Mumbai. She holds interest in politics and wants to pursue her carrer in journalism. Contact her at vaidyasrushti19@gmail.com