Question
India Resurgence Fund (IRF), an investment platform
promoted by Piramal Enterprises and Bain Capital, is going to acquire the active pharmaceutical ingredients (APIs) and contract research and manufacturing services (CRAMS) business of Ind-Swift Laboratories through its portfolio company Synthimed Labs?What is the acquisition amount given to the acquired company?Solution
India Resurgence Fund (IRF), an investment platform promoted by Piramal Enterprises and Bain Capital, will acquire the active pharmaceutical ingredients (APIs) and contract research and manufacturing services (CRAMS) business of Ind-Swift Laboratories through its portfolio company Synthimed Labs for Rs 1,650 crore.
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SENTENCE
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