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Mankind Pharma acquires Bharat Serums and Vaccines from Advent International for Rs 13,630 crore

Mankind Pharma acquires Bharat Serums and Vaccines from Advent International for Rs 13,630 crore

Jul 26, 2024, at 07:20 pm

Mumbai/IBNS: Mankind Pharma Ltd, India’s fourth largest pharmaceutical company by market share, on Thursday (July 25) said it has entered into a definitive agreement to acquire a 100 percent stake in Bharat Serums and Vaccines (BSV) from Advent International for an enterprise value of Rs 13,630 crore, according to reports.