Suven Pharma

Advent International To Buy Stakes In Suven Pharma

Advent International To Buy Stakes In Suven Pharma

Global Private Equity Investor Advent International announced on Monday that it is acquiring a 50.1 Per cent stake in Suven Pharmaceuticals for Rs. 6,313 crores and was planning to merge with its portfolio company Cohance Lifescience. The promoter Jasti family will hold a 9.9 per cent stake in the firm if the deal gets done.  …