Piramal Pharma to sell 15-20% stake in the last lap
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Piramal Pharma to sell 15-20% stake in the last leg. Earlier there were 11 players who have shown interest as far as their pharma business is concerned and now there 3 top private equity players in the final lap of this particular deal which included KKR & Carlyle. Carlyle is the front runner when this stake is concerned. 15 to 17 times EV to EBITDA multiple. Nandini Piramal heads this particular business and it forms almost around 40% of the entire revenues of the company. Earlier they have said on the record that they are looking for funds. According to the sources, the deal is almost done. Watch the video 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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