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Garrard Associates Press Release - Garrardassociates.com |
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02 SEP |
Daiichi Wins Approval to Buy Ranbaxy After Hurdles |
| Daiichi Sankyo Co., Japan's third- largest drugmaker, won approval from the Indian government to buy Ranbaxy Laboratories Ltd. for as much as USD4.7 billion after overcoming regulatory hurdles that delayed the takeover. Daiichi Sankyo was cleared to acquire 34.8 percent of Ranbaxy from Chief Executive Officer Malvinder Singh and his family, said Yasuki Minobe, a spoke ... |
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