PE fund Advent International buys controlling stake in API manufacturer RA Chem Pharma

The US private equity fund is understood to have pipped a rival offer from a consortium consisting another PE fund Carlyle Group and former Mylan Labs CEO Hari Babu. Bangalore-based Microlabs controls the entity currently. An official announcement is expected soon.
Source: The Economic Times Healthcare and Biotech News - Category: Pharmaceuticals Source Type: news