Dr Reddy's clarifies on 'joint bid' with Bain Capital for Cipla

Dr Reddy's said in a statement that it will not comment on market speculations over private equity (PE) firm Bain Capital approaching the company to explore a joint bid for Cipla's promoters' stake. The clarification comes after ET's report about private equity firm Bain Capital has approached Dr Reddy's to explore a joint bid for the promoters of Cipla.
Source: The Economic Times Healthcare and Biotech News - Category: Pharmaceuticals Source Type: news