Know your world in 60 words - Read News in just 1 minute
Hot Topics
Select the content to hear the Audio

Added on : 2018-10-11 06:00:09

Zydus Wellness has emerged as a dark horse to snap up Kraft Heinz brands Complan, Glucon-D and Nycil in a deal estimated at around Rs 4,500 crore ($610 million), people directly aware of the matter said.
The Ahmedabad-based Zydus Wellness is the consumer products unit of the Pankaj Patel-led Zydus Cadila group, which counts Cadila Healthcare as its flagship. Patel is close to finalising funding support for the buyout, including Rs 2,000 crore ($270 million) from private equity investors.

Zydus Wellness has emerged as a dark horse to snap up Kraft Heinz brands Complan, Glucon-D and Nycil in a deal estimated at around Rs 4,500 crore ($610 million), people directly aware of the matter said.
The Ahmedabad-based Zydus Wellness is the consumer products unit of the Pankaj Patel-led Zydus Cadila group, which counts Cadila Healthcare as its flagship. Patel is close to finalising funding support for the buyout, including Rs 2,000 crore ($270 million) from private equity investors.

Editor & Publisher : Dr Dhimant Purohit

Headlines

Good News

politics

India

World