Viatris plans to sell a 5.64% stake in Biocon at a 7.9% discount, marking a complete exit.

Viatris plans to sell a 5.64% stake in Biocon at a 7.9% discount, marking a complete exit.

Biocon shares experienced a significant jump of over 6% on Tuesday. Viatris-owned Mylan intends to sell a substantial stake, exiting the Indian drugmaker. This stake sale…