Monday, June 16, 2008

RANBAXY-THE BIGGEST PHARMA

This is India’s biggest pharma. This is well known by all. Now, the firm is Japanese. The deal of this values ranbaxy at about the cost of $8.5 billion. So now, this makes the daiichi sankyo as the world’s fifteenth largest pharma.

The board during the action involved the group to 10 members. Among the ten, four belongs to the ranbaxy and rest belongs to the other. Among the four in ranbaxy, its CEO Malvinder Singh is also the one. The sankyo will acquire 34.8% stake of ranbaxy CEO Family.

ACTUALLY, THIS SANKYO IS THE SECOND LARGEST FIRM IN JAPAN. This will take 50.1%in India’s largest ranbaxy. We can also say this as perfect match. The analyst accepts this too. At a price of Rs 737 per share, this daiichi is offering ranbaxy. That is an open offer for it.

Here the shares are separated as 34.82%for Malvinder Singh and family, then 19.88%for others, then 17.95% is for FII and finally 27.35% for others.

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