Zydus Group is exploring the sale of its clinical research business, Cliantha Research Ltd, in a deal that could potentially fetch more than $200 million, three people familiar with the development said.
The Zydus family is seeking a price of between $200 million and $250 million for Cliantha Research, the people cited above said, requesting anonymity. Investment bank Moelis & Co. has been hired by the Zydus promoters to manage the sale process, and several private equity investors have been approached for a potential deal, the people said.
Zydus promoters Pankaj Patel and his family independently own Cliantha Research. The company is, however, not part of the publicly traded Zydus Life Sciences Ltd.
Bu hikaye Mint Mumbai dergisinin May 04, 2023 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin May 04, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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