'I never knew she had such a great sense of humour.'
Global private equity investor Advent International on Monday said it is acquiring a significant stake in Suven Pharmaceuticals from its promoters, the Jasti family. The PE major said this will be followed with an open offer to acquire 26 per cent more in the listed contract development and manufacturing organisation from public shareholders, and also merge the company with investee company Cohance Lifesciences, as per an official statement. Media reports on a Monday morning pegged the acquisition at Rs 6,300 crore, and that Advent had pipped rival Blackstone for the acquisition.
The acquittal of four men accused in the 2008 Jaipur serial blasts case by the Rajasthan high court has come as a shock to many, including those who lost their loved ones or were themselves injured in the terror attack and are living with the bad memories.
