Market volatility derails Novartis' plan to sell stake in its India arm

Novartis AG's plan to sell its 70.68% stake in Novartis India faces challenges due to market volatility impacting valuation. Despite strategic reviews and potential interest, fluctuations in stock prices and declining sales present hurdles in reaching a deal, with existing licensing agreements adding complexity.

from Healthcare/Biotech-Industry-Economic Times https://ift.tt/i1PtAGZ
via IFTTT

0 comments:

Post a Comment