© 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
What You Could Be Losing Out On By Not Using Hotel Revenue Management Technology
Strategy
17/11/2020What You Could Be Losing Out On By Not Using Hotel Revenue Management Technology

Several factors such as holidays, weekends, competitor rates, and other market conditions are taken into consideration for predicting the price of a hotel room. A hotel revenue management system will analyse the correct rate at which your hotel rooms should be

Read Full PostRead - Eye Icon
Ladies of Legacy: Women to Remember and Celebrate this International Women’s Day
News
06/03/2023Ladies of Legacy: Women to Remember and Celebrate this International Women’s Day

Don’t let International Women’s Day pass by without giving powerful women the recognition they deserve. Women are smart, slick, practical, and loyal - and you’ve likely taken inspiration from other women over the years.

Read Full PostRead - Eye Icon
Need to Address Multiple Professionals in an Email? Here’s How You Do It
News
20/11/2023Need to Address Multiple Professionals in an Email? Here’s How You Do It

If you ever find yourself in the position of needing to email multiple business associates, it’s essential to know how to address them professionally and respectfully. After all, these are busy professionals. The way you address them in your email can ma

Read Full PostRead - Eye Icon
Global Insurance M&A Highest in Years Due to Low Interest Rates and Low Growth
Finance
11/11/2015Global Insurance M&A Highest in Years Due to Low Interest Rates and Low Growth

According to Moody's Investors Service the growth in M&A in the insurance industry, now at its highest level for many years, has been driven by the weak global economic environment and regulatory changes, spurring many groups to consider business sales, whilst

Read Full PostRead - Eye Icon
Exciting IT Innovations to Watch in 2024
Innovation
11/03/2024Exciting IT Innovations to Watch in 2024

Digital innovation never ends, and the groundbreaking trends that defined 2023 will continue to shape the world around us. With technology evolving at a greater pace than ever before, 2024 already looks to be another exciting year for IT innovation.

Read Full PostRead - Eye Icon
Best Asian Bond Fund: S.E.A Asian High Yield Bond
Finance
19/05/2016Best Asian Bond Fund: S.E.A Asian High Yield Bond

S.E.A. Asset Management is a privately owned boutique fund manager based in Singapore.

Read Full PostRead - Eye Icon
The World’s Largest Translation & Global Content Management Company
Innovation
02/02/2017The World’s Largest Translation & Global Content Management Company

Lionbridge is celebrating its 20th year in business and is based in Boston, MA. They combine their undoubted technologies and skills in different ways, to respond to the needs of various industries.

Read Full PostRead - Eye Icon
Five Things to Outsource for Your Business
News
06/01/2023Five Things to Outsource for Your Business

With running a business, there’s a balance between overhead and profit. Your overhead needs to be low enough to maximise profit, but you also need to invest enough back into your company to grow. One method a lot of businesses use to strike this balance is o

Read Full PostRead - Eye Icon
The Growth of the Aviation Industry: A Sector Soaring High
Leadership
03/12/2015The Growth of the Aviation Industry: A Sector Soaring High

Lee and Li is the largest law firm in Taiwan providing a full range of legal services to clients. Senior Counsellor Patricia Lin and Associate Partner Mark Yu talk us through the firm’s work and how they have maintained their place at the top of Taiwan’s l



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