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Exclusive: Piramal Enterprises to sell 15-20 pct stake in pharma biz, sources say
Written By ZeeBiz WebTeam
Edited By Harish Dugh
Published: | Updated:
In a major development, Piramal Enterprises Limited (PEL) is planning to unlock its pharma business by selling 15-20 per cent in the business. The company is planning to raise Rs 3500- Rs 4500 cr through the stake sale. Zee Business Executive Editor Swati Khandelwal has an exclusive report on this
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Carlyle is the front runner and has been very aggressive in its approach, she said adding that PEL has received binding offers from other players too
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