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Sun's merger plans: Taro's shareholders may play spoilsport

The Sun Pharma stock rallied 3% today after the drug-maker offered to acquire 100% in the Israeli drug-firm Taro Pharma in which it has 66% stake. While the move got a thumbs-up from analysts, some of Taro’s large shareholders may play spoilsport, reports CNBC-TV18's Archana Shukla.

October 20, 2011 / 08:34 IST

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The Sun Pharma stock rallied 3% today after the drug-maker offered to acquire 100% in the Israeli drug-firm Taro Pharma in which it has 66% stake. While the move got a thumbs-up from analysts, some of Taro

TAGS: #Archana Shukla #Caraco Pharma #CNBC-TV18 #CNBC-TV18 Comments #Dilip Shanghvi #Grand Slam Asset Management #Sun pharma #Taro Pharma #US FDA

first published: Oct 19, 2011 10:11 pm

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