KKR
September 25, 2020

KKR, Bain Capital and Blackstone competing to acquire Granules India

Nicolas Cole


Three global PE investment firms, Bain Capital, Blackstone and KKR, have expressed interest in acquiring a majority stake in pharmaceutical manufacturing company, Granules India.

Reportedly, the Indian firm is evaluating the sale of a controlling stake at a premium valuation and the three leading PE firms have submitted non-binding bids.

Granules India is recognised as one of the world’s top makers of the popular fever reliever pills – paracetamol.

Source: Money Control

Nicolas Cole

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