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Medicine World Strom as Sun Pharmaceutical to acquire Ranbaxy for $4bn

Mumbai, 7 April-2014(PTI/ANI/BCC): India’s Sun Pharmaceutical has agreed to acquire rival Ranbaxy – majority owned by Japan’s Daiichi Sankyo – in an all-stock deal worth $4bn (£2.4bn). Medicine World Strom as Sun Pharmaceutical to acquire Ranbaxy for $4bn The combined entity will be India’s largest pharma company and the world’s …

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