Moneycontrol
Nov 06, 2017 10:05 AM IST | Source: CNBC-TV18

Unichem-Torrent deal positive for both companies: Surajit Pal

Torrent Pharmaceuticals will acquire Unichem Laboratories' branded formulation business in India and Nepal for Rs 3,600 crore.

CNBC TV18 @moneycontrolcom

Torrent Pharmaceuticals will acquire Unichem Laboratories' branded formulation business in India and Nepal for Rs 3,600 crore.

In an interview to CNBC-TV18, Surajit Pal of Prabhudas Lilladher shared his views and readings of the same.

This deal is good for both the companies, he said.

Expect a lot of consolidation to happen in Torrent Pharma going forward, he added.

For full interview, watch accompanying video...
Sections
Follow us on
Available On