Corporate Valuations - News Capital International acquires 3% stake in Intas



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Capital International acquires 3% stake in Intas


Date: 4-April-2017

Capital International Inc has acquired a 3% stake in Ahmedabad-based Intas Pharmaceuticals Ltd. Capital International has acquired the stake from ChrysCapital LLC for Rs 690 crore (about $107 million) in a secondary deal.The transaction values Intas at Rs 23,000 crore, or $3.5 billion, making it the most valued private Indian pharmaceuticals company with a 2.8% market share.ChrysCapital had initially invested Rs 50 crore for a 10.8% stake in Intas in 2005.

 
 
 
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