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Zydus Cadila to sell India-focused animal health unit for ₹2,921 cr
short by Kiran Khatri / on Thursday, 13 May, 2021
Zydus Cadila has said that its subsidiary Zydus Animal Health and Investment has agreed to sell its India-focused animal healthcare unit to Multiples Alternate Asset Management-led consortium for ₹2,921 crore. The consortium, which includes Canada Pension Plan Investment Board and billionaire investor Rakesh Jhunjhunwala's RARE Enterprises, will buy the unit through a special purpose vehicle.
read more at Times Now