Sun Pharma Agrees to Buy Struggling Ranbaxy from Daiichi Sankyo in US$4 B Deal

By Heather Cartwright

Pharma Deals Review: Vol 2014 Issue 5 (Table of Contents)

Published: 9 May-2014

DOI: 10.3833/pdr.v2014.i5.2024     ISSN: 1756-7874

Section: Mergers & Acquisitions

Fulltext:

Abstract

Daiichi Sankyo has decided to sell its majority stake in Ranbaxy Laboratories to India’s Sun Pharmaceutical Industries as part of an all-stock deal that values the company at approximately US$4 B, including debt, and which will create the world’s fifth-largest speciality generics manufacturer...

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