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Mylan snaps Agila; Cipla seals Medpro buy in $2bn-plus Indian M&A festival

This article was originally published in Scrip

Executive Summary

It's raining M&A in India. Mylan, the world's third largest generics and specialty pharmaceutical company, has snapped up Strides Arcolab's injectables arm, Agila Specialties while, in an early foray into M&A newbie, Cipla, has sealed a deal to acquire its South African partner firm, Cipla Medpro, for about $512 million.



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