NEWS AND VIEWS FROM THE PHARMACEUTICAL FINE CHEMICAL AND CUSTOM MANUFACTURING SECTOR

Sunday 18 October 2009

Lifeline plans acquisitions

Lifeline Industries is planning to complete two acquisitions before the end of the year. Lifeline is in talks to buy Erica's assets for around Rs1.35bn ($29.3m) and hopes to close the deal by the end of this year. The company is also in talks for a second acquisition valued between Rs1.75bn-Rs2.0bn.
Business Standard

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