#BharatSerumsandVaccinesLtd.
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Carlyle-Zydus and Advent join race to acquire Bharat Serums and Vaccines Ltd
#Carlyle-Zydus and #Advent join race to acquire #BharatSerumsandVaccinesLtd
A consortium of Carlyle and Zydus Cadila is competing with private equity group Advent International to acquire Mumbai-based bio-pharmaceutical company Bharat Serums and Vaccines Ltd. (BSV). The two have submitted non-binding offers in the range of Rs 3,450-3,600 crore ($500-520 million), said multiple sources aware of the matter.
They are up against domestic pharma companies Dr Reddy’s Labs,…
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