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Nirma gets CCI for acquisition of majority stake in Glenmark Life Sciences

In September this year, Glenmark Pharmaceuticals said its board has approved to divest 75 per cent stake in its subsidiary GLS to Nirma Ltd for Rs 5,651.5 crore. ....

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Pharmaceutical Business: Detergent maker Nirma forays into APIs with Glenmark deal

India Business News: Ahmedabad-based Nirma is set to acquire Glenmark Life Sciences (GLS), a subsidiary of Glenmark Pharma, for Rs 5,652 crore. This move marks Nirma's ent ....

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Nirma, 3 private equity firms in race to buy Glenmark Life Sciences

Ahmedabad-based Nirma group and leading private equity firms have joined the race to acquire BSE-listed Glenmark Life Sciences.

The acquisition by chemicals-to-cement major Nirma, if successful, would be a major boost for the health-care segment of the group, on the lines of its successful entry into the cement sector following its purchase of Lafarge India s assets for about Rs 9,400 crore in July 2016.

It later followed up by buying Emami cement assets for Rs 5,500 crore in February 2020. ....

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Stocks to Watch: LIC, Nykaa, Vedant Fashions, Biocon, Amara Raja, Glenmark, and Others

Stocks to watch: Shares of firms like LIC, Nykaa, Vedant Fashions, Biocon, Amara Raja, Glenmark, and others will be in focus on Wednesday's trade. ....

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Nirma vies for Maneesh Pharma stake

Ahmedabad-based Nirma may submit a bid through its healthcare subsidiary Aculife Healthcare Pvt. Ltd, the people cited above said on the condition of anonymity ....

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