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ChrysCapital acquires controlling 70.68% stake in Novartis' India listed unit in first majority pharma investment
ChrysCapital has acquired a controlling interest in Novartis India Limited, representing its inaugural investment in India's pharmaceutical landscape. Following this acquisition, the company is set to unveil a fresh name and corporate identity. Vikas Gupta has been appointed as the new CEO, with plans to create a competitive branded generics platform tailored for the Indian market.
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thehindubusinessline.com
PE firm ChrysCapital acquires Swiss parent's stake in Novartis India
ChrysCapital acquires a 70.68% stake in Novartis India in a ₹1,446 crore deal, appoints new leadership and targets growth in branded generics.
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economictimes.indiatimes.com
ChrysCapital acquires controlling 70.68% stake in Novartis' India listed unit in first majority pharma investment
ChrysCapital has acquired a controlling interest in Novartis India Limited, representing its inaugural investment in India's pharmaceutical landscape. Following this acquisition,…
