© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - CounselCorp Advises Aurobindo (Australia) Pty Ltd During Pharma Eris Pharma’s Acquisition
Posted 6th May 2015

CounselCorp Advises Aurobindo (Australia) Pty Ltd During Pharma Eris Pharma’s Acquisition

In a move to focus the growth markets, the Hyderabad-based Aurobindo Pharma has sold off its step-down subsidiary in Australia, Aurobindo Pharma (Australia) Pty Ltd, to Eris Pharma Australia Pty Ltd.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

CounselCorp Advises Aurobindo (Australia) Pty Ltd During Pharma Eris Pharma’s Acquisition

CounselCorp Advises Aurobindo (Australia) Pty Ltd During Pharma Eris Pharma’s Acquisition

View Biography
Image

View Biography
Image

View Biography
Image

Acquirer

Target

Corporate Advisers and Legal Counsel to Aurobindo

In a move to focus the growth markets, the Hyderabad-based Aurobindo Pharma has sold off its step-down subsidiary in Australia, Aurobindo Pharma (Australia) Pty Ltd, to Eris Pharma Australia Pty Ltd. The company informed BSE on April 10, 2015 that Aurobindo Pharma Limited has divested its step-down subsidiary, Aurobindo Pharma (Australia) Pty Ltd to Eris Pharma Australia Pty Ltd.

Aurobindo Pharma will, however, under an agreement continue to manufacture and supply the products to Eris Pharma for Australian and New Zealand market over next few years. This divestment is in line with Aurobindo Pharma’s strategy to focus on US, EU and key emerging markets. This subsidiary was not contributing any profit to Aurobindo, added the company in the BSE filing.

Counsel Corp acted as corporate advisers and legal counsel to Aurobindo

Categories: M&A


You Might Also Like
Read Full PostRead - Eye Icon
Copper sees continued industry momentum in CRM market across small and medium businesses
Leadership
28/11/2019Copper sees continued industry momentum in CRM market across small and medium businesses

Copper, a Google Cloud-recommended CRM for G Suite, has announced continued industry momentum following a flurry of new customer wins across small and medium businesses, in a year where the brand also raised $15M in Series C funding and appointed new CEO Denni

Read Full PostRead - Eye Icon
Yahoo’s Tax Free Plans for Alibaba Stake
Finance
21/05/2015Yahoo’s Tax Free Plans for Alibaba Stake

Shares in the new company would be distributed among shareholders and the transaction could save as much as $16 billion

Read Full PostRead - Eye Icon
Cybersecurity A Growing Risk As Companies Rely On Technology To Overcome Increasing Regulatory Requirements
Finance
21/02/2019Cybersecurity A Growing Risk As Companies Rely On Technology To Overcome Increasing Regulatory Requirements

With regulations across a wide variety of industries on the rise, companies are increasingly focusing on technology to help bear the strain. However, this comes at a cost, with cybersecurity now a growing threat, as Acquisition International explores. As incre

Read Full PostRead - Eye Icon
How Could 21st Century Fox’s Acquisition of Sky Affect Share Prices?
Finance
09/05/2017How Could 21st Century Fox’s Acquisition of Sky Affect Share Prices?

The 21st Century Fox brand (listed as FOXA on the stock market) is one of the biggest known names in entertainment.

Read Full PostRead - Eye Icon
Growth for Drive Medical Limited
M&A
17/06/2015Growth for Drive Medical Limited

Drive Medical Limited, a leading manufacturer and distributor of durable mobility equipment in Europe, has experienced significant growth following the acquisition of two companies.

Read Full PostRead - Eye Icon
Venture Capital Trust Association Appointed Chris Lewis as New Chair
Leadership
21/02/2024Venture Capital Trust Association Appointed Chris Lewis as New Chair

The Venture Capital Trust Association (VCTA), which campaigns for the vital role played by Venture Capital Trusts (VCTs) in supporting the UK’s entrepreneurial economy, has appointed Chris Lewis as Chair.

Read Full PostRead - Eye Icon
Cybersecurity Awareness Month: 5 Essential Steps to Protect Your Business
Finance
15/10/2024Cybersecurity Awareness Month: 5 Essential Steps to Protect Your Business

According to the 2024 UK Government Cybersecurity Breaches Survey, 50% of businesses experienced a cyber-attack or security breach in the past year.

Read Full PostRead - Eye Icon
United States LED Lighting Market to Reach $5.2 Billion in 2015
Finance
13/04/2015United States LED Lighting Market to Reach $5.2 Billion in 2015

Declining LED prices coupled with supportive government initiatives driving US LED lighting market.

Read Full PostRead - Eye Icon
How to Protect Your Employees from Accidents at Work
Legal
18/04/2023How to Protect Your Employees from Accidents at Work

Preventing accidents in the workplace should be a priority for all businesses. Not only can they cause serious injuries but they can reduce productivity, leading to negative consequences, both financially and legally.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow