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How Will Aurobindo Pharma Value Its Injectable Business?
Aurobindo Pharma is reportedly selling stake in injectables business. How will it value it?
17 Jan 2022, 09:18 AM IST
Aurobindo Pharma Ltd. is reportedly selling a stake in its injectables business. According to at least one analyst, the proposed sale values the unit at a bigger discount than warranted. The company plans to sell 30-35% in its stake in the injectable unit for Rs 4,500-5,250 crore ($600-700 million) to a private equity firm, the Economic Times reported. That gives the injectable business a valuation of about Rs 15,000 crore.The compan...
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