Biggest Pharmacutical company Ranbaxy which was stuck difficulties in the recent past bought by SUNPHARMA. Sun Pharmaceutical will acquire 100% shares of Ranbaxy, the deal included 400 crore Dollar with 457 Rs per shares. The transaction will be completed by December 2014 after all approvals.
Ranbaxy share holders will receive 8 shares of Sun Pharma in exchange of 10 shares. After this deal Sun Pharma will become largest pharmaceutical company in the US .......
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