Singapore based Fresenius Kabi is planning to sell 15 per cent stake in it’s Indian subsidiary Fresenius Kabi Oncology through stock exchanges in one or more tranches in order to increase the public shareholding of the company..Amarchand Mangaldas is acting as the Indian legal advisor to Fresenius Kabi. Amarchand team is being led by Delhi Partner Akila Agrawal along with Principal Associate-Designate Pooja Ramchandani and Associate Mukul Sharma..The proposed stake sale is subject to relevant regulatory approvals and the market conditions. Currently, Fresenius Kabi Singapore holds 90 percent in the company..According to Dealcurry, Fresenius Kabi Oncology was formed after Fresenius Kabi Singapore acquired Dabur Pharma in 2008. Dabur Pharma was incorporated after the pharma business of Dabur India was de-merged from the parent entity in 2003-04.
Singapore based Fresenius Kabi is planning to sell 15 per cent stake in it’s Indian subsidiary Fresenius Kabi Oncology through stock exchanges in one or more tranches in order to increase the public shareholding of the company..Amarchand Mangaldas is acting as the Indian legal advisor to Fresenius Kabi. Amarchand team is being led by Delhi Partner Akila Agrawal along with Principal Associate-Designate Pooja Ramchandani and Associate Mukul Sharma..The proposed stake sale is subject to relevant regulatory approvals and the market conditions. Currently, Fresenius Kabi Singapore holds 90 percent in the company..According to Dealcurry, Fresenius Kabi Oncology was formed after Fresenius Kabi Singapore acquired Dabur Pharma in 2008. Dabur Pharma was incorporated after the pharma business of Dabur India was de-merged from the parent entity in 2003-04.