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Mankind Pharma in Race with PEs to Buy BSV Group

Mankind Pharma in Race with PEs to Buy BSV Group
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Mankind Pharma in race with PEs to buy BSV Group at possible valuation of Rs 13,000 crore

Warburg Pincus, ChrysCapital, TPG, Blackstone, EQT, Mankind Pharma, and Dr Reddy s Laboratories are competing to acquire BSV Group, a biopharma firm specializing in women s health and critical care products, indicating a trend of consolidation in the domestic pharma sector. Mankind, Dr. Reddys, and Blackstone have evaluated BSV at different times, including before Advent s acquisition. ....

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KKR, Blackstone, Carlyle, Mankind Pharma eye acquisition of Advent-owned Bharat Serums & Vaccines

In November 2019, Advent International had acquired a 74 percent stake in Bharat Serums from its erstwhile private equity investors Orbimed Asia and Kotak PE, as well as the promoters of the company, the Daftary family, for around $500 million. Later, the PE fund acquired the family s remaining 26% stake. ....

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