Profit

Wockhardt calls off nutritional biz deal with Abbott

PUBLISHED ON: April 1, 2010 | Duration: 2 min, 05 sec

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In a surprising move, pharma firm Wockhardt has called off its Rs 650-crore deal to sell nutritional business to global health company Abbott, eight months after announcing an agreement. The deal had seen strong resistance from some of Wockhardt lenders.
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