Blackstone eyes Indian drugmaker Cipla's founding family stake: Report

Blackstone eyes Indian drugmaker Cipla's founding family stake: Report

Photo: Reuters

Private equity fund Blackstone is set to submit a non-binding bid as early as next week to acquire the entire 33.47% promoter stake in Cipla, India’s third-largest generics company by revenues, The Economic Times reported on Friday.

Edited by: Joymitra Rai