PE fund Advent International buys controlling stake in API manufacturer RA Chem Pharma

The US private equity fund is understood to have pipped a rival offer from a consortium consisting another PE fund Carlyle Group and former Mylan Labs CEO Hari Babu. Bangalore-based Microlabs controls the entity currently. An official announcement is expected soon.

from Healthcare/Biotech-Industry-Economic Times https://ift.tt/30bRSmd
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