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Torrent Pharma likely submitted non-binding bid to acquire stake in Cipla

Torrent Pharma is scheduled to decide on a binding offer in the coming weeks. ....

Samina Hamied , Sun Pharma , Torrent Pharma , Vice Chairman Cipla , Executive Vice Chairperson , Cipla Stake Sale ,

Cipla promoters said to explore stake sale to Blackstone, Baring Asia

Sources also suggest that an investment bank has been hired to advise on the deal and PE firms like Blackstone, Baring Asia among others are in talks to explore a deal. This move comes as a step towards succession planning for the company, they added. ....

Samina Hamied , Baring Asia , Vice Chairman Cipla , Executive Vice Chairperson , Cipla Stake Sale , Ipla Succession Plan , Cipla Stake , Cipla Promoters , Cipla Shares ,