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Jun
15
Ranbaxy stake sale - Let’s call a spade a spade
Filed Under Finance, Mergers & Acquisitions | 3 Comments
The Singh family, promoters of Ranbaxy Laboratories, in a surprise move sold their controlling stake to Daiichi. Now this act of the Singh family is just what it is - a stake sale. However, Malvinder Singh, CEO of Ranbaxy has explained this move as a pioneering move and as such I am forced to comment.
