Cipla rises 2% amid buzz over Bain Capital, Dr Reddy’s joint bid for promoter stake
Shares of Cipla opened over 2 percent higher on September 5 as reports said that private equity firm Bain Capital was in talks with Dr Reddy`s Laboratories to explore a joint bid to buy out the promoter’s stake in the drugmaker. At 09.31 am, shares of Cipla were trading 1.5 percent higher at Rs 1,258 …
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