INDIA'S RANBAXY ACQUIRES ROMANIA'S TERAPIA FOR US$324 MLN. (29-MAR-06) AsiaPulse News

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INDIA'S RANBAXY ACQUIRES ROMANIA'S TERAPIA FOR US$324 MLN.

Publication: AsiaPulse News

Publication Date: 29-MAR-06

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NEW DELHI, March 29 Asia Pulse - India's leading drug-maker Ranbaxy (BSE:600359) on Wednesday said it has acquired Terapia, the largest independent generic company in Romania, for US$324 million and aims to make that country its manufacturing hub in Europe.

The deal, which saw Ranbaxy acquiring 96.7 per cent...

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