Profit

Abbott-Piramal deal done for $3.72 billion

PUBLISHED ON: May 21, 2010 | Duration: 2 min, 47 sec

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US-based Abbot has agreed to buy the generics drug business of local pharma company Piramal Healthacre for $3.72 billion (a whopping Rs 17000 crore), becoming the country's biggest drugmaker.
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