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Wockhardt buys French firm for $265 mn

Wockhardt Ltdsaid on Wednesday it has completed acquisition of France-based Negma Laboratories for $265 million. The company informed the Bombay Stock Exchange about the acquisition of France's......

Wockhardt buys France's Negma for Rs 1,090 cr

Pharma major Wockhardt on Thursday said it had acquired French pharmaceutical group Negma Laboratories for Rs 1,090.52 crore ($265 million) in cash -- a deal that would give it access to the......

Roles reverse in pharma M&As

Early this month, US-based Perrigo, one of the largest over the counter (OTC) pharmaceutical producers in the world, acquired an 85 per cent stake in Mumbai-based Vedants Drugs and Fine Chemicals.......

Asset sale plan: Wockhardt may go slow

Drug major Wockhardt is likely to go slow on its plans to divest non-core assets, including the proposed stake sale of its hospital chain, since the Corporate Debt Restructuring package approved by......

Wockhardt sells animal health biz

Pharmaceutical major Wockhardt, which is trying to repay its debts of over Rs 3,400 crore (Rs 34 billion), announced on Sunday it had signed an agreement to divest its animal health division to......

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