“The Zydus group firm’s board … approved issuing equity shares of face value of Rs 10 each on a preferential basis to Cadila Healthcare, True North, Pioneer Investment Fund and Zydus Family Trust, Zydus Wellness said in a filing to the BSE,” reported The Times of India.

Shardul Amarchand Mangaldas & Co advised True North Managers LLP led by a team of partner Sakshi Mehra and senior associate Shiladitya Banerjee. True North had picked up Rs 999 crore ($140m).

Deal value: US$ 140 million

2018-12-06

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