Big boost for Pharma business; Carlyle to invest fresh capital in Piramal Enterprises
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There has been a big boost for Pharma business for Piramal Enterprisies. The newsbreak by ET Now has now been confirmed. Carlyle to invest fresh capital for 20 per cent stake in Piramal's Pharma Business. Carlyle will invest $490 million for 20 per cent stake. The 20 per cent stake sale values Piramal’s pharma business at Carlyle’s offer would value the business at around Rs 20,000 crore. The capital will be used for expanding capacity at sites and acquisitions. Here's the management on the key details. Listen to know more. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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