Investment banks Goldman Sachs, Citi and Avendus Capital have been engaged as advisors for the process by the privately held vaccine manufacturer, say sources.
Adar Poonawala took over from his father Cyrus, to guide the fortunes of the group. In an exclusive interview, he spoke about some of the group’s initiatives.
The deal of 2015 that stands out the most is the buyout of Mumbai's iconic Lincoln House by the suave deal maker Cyrus Poonawala from the US government worth a whopping Rs 750 crore making it the largest residential real estate deal in the country.
Jailed business tycoon, Subrata Roy claims to have a jaw dropping 750 million pound offer for the landmark Grosvenor House in London. Watch video for more.
CNBC-TV18's Archana Shukla finds out Poonawala‘s strategy that is winning him accolades in the world of vaccines.