Cipla’s proposed takeover of Medpro hits roadblock?
This article was originally published in Scrip
Executive Summary
Cipla’s plans to acquire a majority holding in its South African partner firm, Cipla Medpro, for about $220 million appear to have hit a roadblock over valuation issues, though a derailment of the deal may not be in the long-term interest of either party, some analysts said.
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