Cipla Saga - Did The Doctor Prescribe A Sale?
There is a buzz again that Cipla is toying with the idea of selling out to private-equity firms Baring Asia and Blackstone, at least partially, if not seeking a full exit. In this episode of The Morning Brief, Vikas Dandekar, Editor - Pharma and Life Sciences at ET Prime, walks down memory lane.
Host Anupriya Nair also discussed in this episode why the speculated Cipla sale is not a mere M&A deal and what could be on the mind of founder Yusuf Hamied. But emotions aside, do the valuations add up to excite investors? ET's Arijit Barman gives us the buzz from the deal makers. Tune in!
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