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SUN PHARMA ALL SET TO TAKE OVER RANBAXY LABORATORIES
TNI News Service Webdesk, TNI Mumbai, 8th April, 2014: Sun Pharma is all set to take over Ranbaxy Laboratories. Earlier in 2008, the Daiichi Sankyo of Japan had bought the companies states for $4.2 billion in mid-2008. According to the sources, Sun Pharmaceutical Industries is spending around $3.2 billion (about Rs 19,200 crore at the current exchange rate) in stock, an announcement for which was made on Monday. Daiichi Sankyo will now have just 9%…
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