India’s Sun Pharmaceutical Industries Ltd (SUN.NS) said it will buy Ranbaxy Laboratories Ltd (RANB.NS) in a $3.2 billion all-share deal, creating the world’s fifth-largest generic drug maker from two firms struggling with quality issues in the lucrative United States market. Ranbaxy, India’s biggest drugmaker by sales and 63.4 percent owned […]
Business News
Holcim, Lafarge in advanced merger talks
Swiss giant Holcim today said it is in “advanced discussion” with world’s largest cement producer Lafarge for a possible merger, which may lead to setting up of a mega cement company having presence across the world. “Holcim confirms that Lafarge and Holcim are in advanced discussions regarding a possible combination,” […]
Holcim Said to Be in Talks With Lafarge About Merger
Holcim Ltd. (HOLN) and Lafarge SA (LG), the world’s two largest cement makers, are exploring a merger to create a Swiss-French company with a market value of more than $50 billion, according to people familiar with the matter. The discussions are ongoing and may lead to a merger of equals, […]
