Nirma, known for its eponymous washing detergent brand, have entered the final round of bidding for a stake of about 83% in the Mumbai-listed company held by Glenmark Pharmaceuticals Ltd which has a portfolio of 139 molecules and supplies its products to customers in India and abroad including Europe and North America. The company has four plants in India.
Nirma, Sekhmet Said to Vie for $731 Million Glenmark Life Stake bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
Nirma, Sekhmet Vie for $731 Million Glenmark Life Stake, Sources Say bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Glenmark Pharmaceuticals that owns 82.85 per cent stake in Glenmark Life Sciences may sell the API developer and manufacturer in bid to deleverage, as per the report.