[ad_1] COPENHAGEN: Denmark’s Novo Nordisk on Monday said it has agreed to buy Cardior Pharmaceuticals for up to 1.03 billion euros ($1.11 billion) to strengthen its cardiovascular pipeline. The acquisition is in line with the Danish drugmaker’s aim to expand its focus on diabetes and weight-loss therapies to include cardiovascular disease treatments. “By welcoming Cardior…
[ad_1] NEW DELHI: Proptech firm REA India, which owns Housing.com and PropTiger, is not actively looking for acquisition for further growth but the company is open to evaluate “interesting” opportunities that complement the business or help in securing new technologies, its CEO Dhruv Agarwala said. REA India, which is part of Australia-based REA Group, will…
[ad_1] MUMBAI: Reliance Consumer Products, the FMCG arm and a subsidiary of Reliance Retail Ventures, has acquired the trademarks, recipes and intellectual property rights of Ravalgaon Sugar Farm’s confectionery business in a Rs 27-crore deal. The details were disclosed by Ravalgaon in an exchange filing on Friday. RCPL has been expanding its footprint in the…
[ad_1] NEW DELHI: Max Healthcare announced the acquisition of a 100% stake in Alexis Multi-Speciality Hospital (Alexis) for an enterprise value of Rs 412 crore. The 200-bedded hospital owned and operated by Alexis is a JCI-accredited facility located near Nagpur, offering multidisciplinary care in gastroenterology, neurosurgery, cardiology, transplants, according to a company statement. Abhay Soi,…
[ad_1] NEW DELHI: NTPC is to acquire the beleaguered KSK Mahanadi power station in Chattisgarh, one of India’s largest single-site greenfield projects with proposed 3,600 MW capacity, making it the state-run utility’s second acquisition of a stressed asset.People in the know said the investment in the project has been valued at Rs 5,000 crore but…